viismmarketing

Just sharing my theory on the wedging of btc

COINBASE:BTCUSD   Bitcoin
I believe that we are seeing the bottom of btcs current price, looking closely today at the charts I noticed oddly large purchases happening at the bottom of 7k , I believe that the long term investors are preparing to load up the bottom trend line and we could see it rebound nicely this weekend. If you look back on the other all time lows that have hit that trend line, we can see the price bounces off by the next day and clears out of that zone within 48 hours. If history repeats itself then this is a good buying point. I have my buys set for 7025, expect chaos if we break below that 6800. I expect large breakout purchases on the upper trend line that may set a nice rally for April if we hit those marks.
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