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.
Kommentera:
so it begins?
Kommentera:
off to a good start so far.
Kommentera:
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.
Kommentera:
looks like i set the fractal a little high, but otherwise it seems like the continuation is happening as expected
Kommentera:
looks like india touched off the jump, one can note that 9am Kolkata time is when the price took off.