BTC - What a break Out !

in bitcoin •  6 years ago 

Hello all,

Here is the chart of yesterday :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

Yesterday, I was saying you that it looks like that the BTC is trying to break the consolidation of the bear flag by the UP and some minutes after we have an impressive UP break Out.

On Bitstamp, it doesn't look so extraordinary but look the same pattern on Bitfinex :

BTCUSD-Btifinex.jpg

I suppose that we had a whale who buy lot of BTC on Bitfinex to have this difference. Let's hope it is not just a big buy but the start of a new UP trend.

I wish you massive profits,
Cryptopassion.io

Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

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Volume has gone up 6x. BTC is on the move!

but it hasn't gone anywhere

The UP was due to Tether implosion. That is why BTC price was high only on Bitfinex. https://www.bitrates.com/news/p/bitcoin-surges-as-tether-cracks-will-we-see-crypto-safe-haven-flows-oct-15

wasnt a whale buying. It was USDT losing its peg and then fomo setting in as everyone sold USDT into BTC