This is an addendum to the History Repeating post I made on 1/5 as the last gasp of the dip has shaken out, and the market has confirmed it's following the strong upwards support. I see a similar boom/bust scenario playing out, and am using historical data to gather that this wave will be at least as strong as previous moves, but I have a hunch it'll be stronger...
Very similar chart pattern to previous breakouts.Slightly premature dip considering Coinbase news, but I expect impending news with Moneygram/Western Union to really cause things to turn around quickly. The pattern is inflated from last run, and because the last move was prematurely cut short, I expect this next move to be significant. Sell walls are diminished...