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serekamina

[BTC] Time for the Bears to Hibernate: Adam & Eve in the Garden

Long
Bitcoin (BITFINEX:BTCUSD)  
serekamina  
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Fibonacci BTCUSD BTC btcusdlong Bullish Flag pump buysetup longsetup rallyup bullrun
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trendanalysis chartpattern fibonacci btcusd btc btcusdlong bullishflag pump buysetup longsetup rallyup bullrun
Finally, we got the pullback we've been waiting for: the first true test of the bull's strength after the massive rally we just saw from 6.5-9.7k. The results are in: on the 1D we barely dipped before seeing a consolidation and pump back up through 9k, which is currently holding very well.

We can see that the retracement was halted and bought up at a key support level in confirmation of an Adam & Even setup. Worst case scenario could be a double top at 9.7k, but either way BTC should still be heading up from here.

All eyes on the big 50 fib up at 12.9k, hope you sharpened your bull horns on the dip.
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