Formula

Two Bitcoin Scenarios

BITSTAMP:BTCUSD   Bitcoin
The last couple days have had people wanting to yank the hair off their head.
You have to understand what goes up must come down, a pullback isn't always a bad thing it just gives the bull more fuel to pump higher.
What I see going on with Bitcoin is pretty simple, on the 4H & 1D TF we are in a wedge.
Either what will happen is we will go up from here OR we will keep selling off until $34k-$36k and continue the bull run.
Patience is key people. Don't forget about the long term vision, there's already billions poured into this market.
It's not going anywhere.

Formula Capital

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