Michiel1989

Bitcoin waves and phases, getting ready for new cycle??

BITFINEX:BTCUSD   Bitcoin
I've been looking into previous volume/prices movement combined with 'whales strategics''

A) Volume picking up but only little price movement
B) more volume and big pump in price
C) Extreme volume and ''exiting'' market
D) Volume dropping and price collapses
E) When volume dried up extremely 'big money' starts rebuying some and accumulate.
F) Begin again with A.......


So at this point volume is drying up badly, are we due for a next cycle? I think so, we might even come back into high 7's for an aggressive shake-out.


Let the games begin!!!!

Note: This is non financial advice just my point of view...
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