MrTechnical
Long

BTC DECEMBER REVERSAL

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
CME has played a pivotal role throughout the year in terms of swings as you can see from the chart.

With the dip we've had and CME expiration coming up end of November we look set for a strong reversal.

Also on re-examining the chart it would appear that we've been gradually stepping down from one trend line to another, but it seems we maybe very close to the end.

With BAKKT 'opening' end of Jan they have the opportunity to buy cheap now and sell high next month.

Furthermore they will want to show investors that the market has regained bull momentum to ensure their peak interest.

Also historically December has been a strong swing month for btc and alts.
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