Michiel1989

Is BTC going to explode or Implode next days?! !0 k inbound imo.

Long
BITFINEX:BTCUSD   Bitcoin
We have multiple bulldiv's up to 12h timeframe. Alts were already moving but the Consensus clearly gave Bitcoin the so needed boost to florish.
Next days of the consensus will determine the next rally or implosion.. The bigger Timeframes don't look to great allthough 3D was as low as 8-2015 at the 6500$ drop.

Personally I expect a next move up and during consensus week 10K! after that a small dip to like 8400ish to rebuild the rally big time..
As seen on the chart if we break out might be on the way to an even bigger rally than last year.


So far Alts are not really falling as deep when BTC falls back. That got me all-in. Alts should at least rally this upcoming week!
Keep an eye on the price (red line) if that breaks we're likely to see 7300$

Again I'm bullsh on the outcome, this all is not financial advice. Always make your own decisions.

Happy trading!
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