Bitcoin has bounced some 15% off of the completion of the BAT pattern at 88.6 fib retracement.
Where too now... in the video I make the case for April's monthly Central Pivot which also happens to coinside with a 1:1 of the previous retracement. At this point BTC will face some resistance in the Central Pivot & 200MA.
I'm not in yet, so will update when that oppertunity presents its self. Should this pattern work, it will drag the rest of the market with it.
Updates to follow.
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Really bullish move, not testing resistance
BAT is looking good
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BAT update, after some real sideways undecided price action... we have had today a really nice looking spike... price come back to April central pivot and came within a few satoshi's of missed weekly central pivot from 3 weeks ago.
As mentioned before if this pattern works (and it seems to be atm) then we can look forward to a decent move up.
Look familiar? (I used XBTEUR) I think we migh still go down a bit in the channel but lets hope it stays above X
Gmanns777
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@jcuypers, nice chart!! yes with all the negativity this could just be a bounce before another move down.... its why i think this is such an important pattern.... if it "works" the rest of the market will follow