Hello my fellow Bitcoinistas!
This morning was very interesting. The Bears keep shorting and Bitcoin keeps moving higher. It doesn't make sense but it is what it is I suppose. I noticed another pattern that may be of interest if it plays out. I see another large Cup and Handle pattern that looks like it has already broken North. If so, the minimum near term target is just over $10K. I'm sure the Bears will keep shorting it until they finally get a decent pull back in price or until they blow up their accounts whichever comes first.
Happy Hunting!
BBS Out!
This morning was very interesting. The Bears keep shorting and Bitcoin keeps moving higher. It doesn't make sense but it is what it is I suppose. I noticed another pattern that may be of interest if it plays out. I see another large Cup and Handle pattern that looks like it has already broken North. If so, the minimum near term target is just over $10K. I'm sure the Bears will keep shorting it until they finally get a decent pull back in price or until they blow up their accounts whichever comes first.
Happy Hunting!
BBS Out!