Bitcoin
Long

BTC Update

129
Hello everyone! It's been a while, been extremely busy! Here is my outlook on the 3D chart. We are in a huge descending triangle. HOWEVER, the closer we get to the apex, the more it converts to bullish potential as opposed to a bearish pattern. When patterns reach or exceed their apex, you can generally consider them invalidated. My guess its that we bounce a little bit in the apex. If we get near 6k again, shorts will probably go parabolic again. Instead of breaking down, I think we will break UP and liquidate over-leveraged, under capitalized retail traders all the way up to 8k+.

Regardless of all the patterns and idea out there, more important and more overlooked than all, VOLUME PROCEEDS PRICE! Look what volume has been doing on the 3D....

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