DrDovetail
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todays bullish volume the same as the biggest 2017

BITFINEX:BTCUSD   Bitcoin / Đô la
Hopefully this shows up correctly on the chart , I tried to connect with a green trendline the bullish volume swell we got today to the biggest one we got in 2017 back on september 15th(which eventually took us to the ATH             ) . It is currently the same exact volume as it was back then and todays             candle is about to close out as a massive bullish hammer . This is the type of hammer worthy of only being picked up by a Thor ....and I do believe bitcoin             is that Thor. I say go long! If you can try to buy in at 7300 or under with the grey line on my fib retracement extention currently acting as strong support(6900) and the blue fib retracement line above that one acting as mild resistance(8020). I would say hold wherever you buy in and enjoy the ride because I think we finally found the bottom when it bounced off of the pink trendline around 5950. The signs we're receiving now all say buy. I think we could reach 10,000 in the next week before we see any significant retracement but this is only my opinion I could be wrong...I'm sure we'll at least see small dips along the way with opportunities to sell small amounts of your position just under temporary resistance lines and buy back just above the temporary fib support lines. Here's to the Bull Season. Keep in mind there's still a very slim possibility with all the bull traps and fake breakouts we've had that we could still plummet again but I don't see us doing aything further bearish other than maybe bouncing off the pink trendline once again to form a bullish double bottom worst case scenario...very slim chance at this point.
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