Just an idea... but I measured those first two for length and price to create that third pump of equal proportions
That dump is based upon a couple things.. lots of miner sending BTC to exchange... and a that would make a second bottom about a month after the first, which will make that a bit more convincing as double bottom
we could dip much further, but I doubt it, the low prices have lots of competition
maybe that double bottom actually is closer to completing a convincing H&S
That dump is based upon a couple things.. lots of miner sending BTC to exchange... and a that would make a second bottom about a month after the first, which will make that a bit more convincing as double bottom
we could dip much further, but I doubt it, the low prices have lots of competition
maybe that double bottom actually is closer to completing a convincing H&S
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may skip the lower move and just proceed upward... lets see what DXY does, as I'm sure that's what btc traders are mostly waiting too
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I still consider this in play. price moved up before the downward move in a premature bullish phase... tho rejected the market remains overwhelmingly bullish.
LFG
LFG
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