#btc fractal repeat

29. Mai 2021

looks more likely than not given the level of fear on the market right now. #btc also follows the major stock indexes which responded positively to the recent jobs report showing a scant 406k new applications for unemployment benefits, 14 month low. Given that the S2F model should remain intact with #btc continuing it's journey to 125k. The first yearly candles after the halving are huge events, with bitcoin moving from 10-1000 and 1000-10000 in the years following halving. The last halving was in 2020 and nothing has fundamentally changed in the market besides more users and institutional adopters.

30. Mai 2021

Anmerkung

so it begins?

1. Juni 2021

Anmerkung

off to a good start so far.

1. Juni 2021

Anmerkung

just double checked, btc posted a green candle crossing the bollinger midline on the 18 hour chart. looks like this might be the real thing.

2. Juni 2021

Anmerkung

looks like i set the fractal a little high, but otherwise it seems like the continuation is happening as expected

3. Juni 2021

Anmerkung

looks like india touched off the jump, one can note that 9am Kolkata time is when the price took off.