In my last analysis i predicted the btc price would not be pushed down to the 6000-6200 area like many of you was saying.
I opened a long position at 6340 on the yellow trendline and so far the price has been following this line.
I expect the bitcoin price to follow this line to the middle of November and then make a strong move.
Its possible the price will be pushed down one last time to shake of some of the last weak hands but i think the most likely scenario is that we will make a strong move up.
If you take a look at bitcoinrichlist.com you can see several newly created bitcoin wallets from OCTOBER that overall holds over 133 000 BTC.
This is telling me institutions are secretly buying btc in mass via otc contracts! This is some of the stuff going on behind the scenes. The new big whales are here to stay and the price is soon ready to make a strong move!
Hope you guys like this chart!
I think the moon really will start rising in DEC/JAN.
lets reach it together guys.
I opened a long position at 6340 on the yellow trendline and so far the price has been following this line.
I expect the bitcoin price to follow this line to the middle of November and then make a strong move.
Its possible the price will be pushed down one last time to shake of some of the last weak hands but i think the most likely scenario is that we will make a strong move up.
If you take a look at bitcoinrichlist.com you can see several newly created bitcoin wallets from OCTOBER that overall holds over 133 000 BTC.
This is telling me institutions are secretly buying btc in mass via otc contracts! This is some of the stuff going on behind the scenes. The new big whales are here to stay and the price is soon ready to make a strong move!
Hope you guys like this chart!
I think the moon really will start rising in DEC/JAN.
lets reach it together guys.