yourkardashian

C&H or Someone's Awkward Balls

yourkardashian Updated   
BITSTAMP:BTCUSD   Bitcoin
Nearly hit 7k price. Substantial recovery for bitcoin. I hope some of ya'll bought the dip. Most of the whales left the market at 10k and have re entered 4-5k. Anyone selling sub 6k got burnt, burnt, BURNT. The next major US sellers are those who will need money to make up for unemployment. I don't believe that there will be enough of that to tank the markets further. If cash is king, that means bitcoin loses value to cash. Which means it's a great time to buy bitcoin with this "king cash"

Uptrend pierces downtrend ceiling. Possible cup and handle formation, we only know after the formation completes. Otherwise I'm just seeing a pair of awkward balls that I drew on the chart.

Good luck trading, I've scooped up some XTZUSD at the bottom to see if the multiplier plays to my favor.
Comment:
It ended up being a frying pan more than a teacup amiright?
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