b_nelson

Possible short term pump in BTC over next 6 hours

b_nelson Updated   
COINBASE:BTCUSD   Bitcoin
There is a fractal forming on the BTC 4hr chartthat is a repetition of a pattern that began at 12am (UTC-4) on 20 August and continued for approximately 20 bars. The same pattern began again on 27 August and has mirrored the original pattern for 16 bars so far and would seem to indicate that BTC should hit the 9937 USD target at 8am (UTC-4)
Comment:
The pump finally happened 36 hours later than predicted, most likely due to the amount of volume involved in the sell off during the second pattern compared to the first pattern. But buying pressure picked up beginning at 4pm (-4 UTC) on Sep 1 allowing the pattern to run its course.
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