Bitcoin - Possible Double Bottom pattern - Target around 65 k range

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Hi I am @luueetang, First of all, this is just my opinion and not financial advise.

Bitcoin looks quite bullish. As we have crossed into April from the corrective month of March. I saw my porfolio burn through like grass being burnt through in a wildfire. However, I did not panic and wait it out.

Today when I check the chart of Bitcoin, I noticed this pattern. The double bottom, it looks to me like a confirmation if Bitcoin can push near its last all time high. This time I am sure that ALT COINS are going to outperform against Bitcoin because Bitcoin took the centre stage, the last time around before the correction in March.

If this pattern does play out in the next couple of days, Bitcoin could be heading up to the 65-66k range before some consolidation. We are probably going to have two bullish months till the early part of June before a possible dip. That could be the last dip before a super duper parabolic move comes and sends Bitcoin to 150K in a short span of time . All of our bags would be inflated and we would feel the sense of Euphoria and Fomo kicks in and many buy in high just to get rekt. It is important for Bitcoin to break its all time high in the near term, as it leads the pack. If it plummets, it brings down all of cryptos.

Let's all hope Bitcoin breaks its all time high and goes to price discovery once again but then it has to move a bit slower to allow for alt coins to catch up.

@luueetang



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5 comments
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Coinbase listed into NASDAQ , could be another booster :))

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Hey hey.. Auleo.. been a long time since I see u here.. good to see a friend here.. Yep.. Woo hoo.. I am buckling my seatbelts tight..

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Yeah. Hopefully all crypto moon !

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Do keep posting, my bro.. I have checked ur account once in a while to see if u have updated or not.. hehe..

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