BitcoinUpdated There are no such things as coincidences
Just a quick TA and observation, it seems that BTC is ripe for a breakout and FUD comes in the perfectly timed fashion we are already used to but also note how the end of the last elliott wave comes at a similar time frame as the last fractal in the gann square, the fibonacci time zones and most importantly with the tax filing's deadline in the US which could release much of the pressure BTC has been since January. Could we see a trend reversal around April 17th?
Note
like clockwork, as we were breaking out the first pennant we saw out of nowhere a 10000 btc dump. Cartel? Soros? we can speculate as much as we want but the truth is that nothing has changed, no such things as coincidences remember?Note
a few days before I expected it but we have a breakout. If we don't fall below 7500 levels we have a reversal and alts season is open again.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.