I hear a lot of paid groups are bearish on BTC, or draw a really crappy head and shoulder's pattern on BTC. Let's take the head and shoulder's pattern floating around right now. This is purely conditional IF it were to break 10k, the it's this awkward sideways type H&S pattern that would have formed and some folks would have gotten lucky. I however believe BTC is merely at a massive support and going to continue higher.
This is best illustrated with GBTC, the symbol on the OTC exchange. It is currently sitting on a MASSIVE support and has a lot of indicators turning up. This will drive the entire market higher, GBTC to $16 and BTC to around 15-16k.
Happy trading and hodling folks. It's gonna get real very quick.
-Sherem
This is best illustrated with GBTC, the symbol on the OTC exchange. It is currently sitting on a MASSIVE support and has a lot of indicators turning up. This will drive the entire market higher, GBTC to $16 and BTC to around 15-16k.
Happy trading and hodling folks. It's gonna get real very quick.
-Sherem
Comment:
Precision.
