RINSE AND REPEAT

5 May 2020

This is the pattern I expect to see in the next few weeks. Just an opinion. bitcoin would appear to be obviously bullish, but trading in an obvious fashion and taking trades that are too obvious, is often costly. I do believe the uptrend is strong, but, I think there will be a violent shakeout before price begins reaching new highs.

Good luck traders!

10 May 2020

Not

It’s starting to look like we may test this level for at least another day. If we fail here, it wont be good. I don’t think we’ll see lower prices, as this trend line is very significant and it’s already been broken. Just have to wait it out.