BTC - Big move coming

in #bitcoin6 years ago

I expect a big move in BTC within the next several days

We are finally coming to the conclusion of a long wedge/triangle pattern that has been building for months.

Check it out:

(Source: ~~~ embed:1175232712996790272) twitter metadata:Q3J5cHRvV2Vsc29ufHxodHRwczovL3R3aXR0ZXIuY29tL0NyeXB0b1dlbHNvbi9zdGF0dXMvMTE3NTIzMjcxMjk5Njc5MDI3Mil8 ~~~

Just don't be fooled by a fake out

Often prices break out in one direction only to come right back in the wedge/triangle and go hard the other direction.

In fact I would not be surprised to see a fake-out when we emerge form this wedge pattern on bitcoin.

Hopefully that fake-out is to the downside, and then we rip to the upside!

We will find out in a few days here either way.

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Wondering what will cause it to go up, no new fresh money is coming in at all this whole year just from tether printing 😂

Posted using Partiko iOS

Well, that is new money. We have seen audits prove that they have the money to back it. A lot of the big money that has come in from Asia comes in to exchanges with no fiat on/off ramps so they have to use tether.