Long

Bitcoin triangle : The purpose of our lives

Updated

We are testing the resistance properly on bitstamp.
We are already above the average resistance. If we can move above the yellow line this would mean a clear break up.
Finally, the moment I have been waiting for in 10 months...

Bitcoin delivered futures in November is serious business. Bakkt means main street adoption.
The fundamentals are there for a bull market as early as this week.

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If we stay at theses levels, this is a clear breakout starting from next week.

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It's crazy how little volatility there is. I don't recognise bitcoin!

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We are breaking trough officially next week, at this rate.

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When I draw lines, I really mean it. I don't need updates, unlike 99.99% of people here.

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Let's remember that the triangle is officially ending on november 5th.

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I was expecting a retest on october 15th which we did get. Since then we stayed in the test range. I was hoping for a clear move, which we didn't get. This is normally bearish but I think fundamentals are strong. If we fall further the bitcoin ecosystem wont recover until years, which will prevent big investor from stepping in. But they need to step in now before the financial system/dollar collapses.

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I mean these big banks need to milk bitcoin while they still can. It needs to happen before the collapse.

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This is technically a break out.

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Guys you can say that is has been going up for a few days. Our bull market is there, it's just that the percentage of increase is very very small.

ickylevel

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