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lorinstocksinvesting

BTC is about to pump and here's why.

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Bitcoin (BITSTAMP:BTCUSD)  
lorinstocksinvesting  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Support and Resistance BTCUSD Bitcoin (Cryptocurrency) momentumstrategy volumeanalysis support resistance_level supportandresistancezones Bullish Patterns Bearish Patterns
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trendanalysis chartpattern supportandresistance btcusd bitcoin momentumstrategy volumeanalysis support resistance_level supportandresistancezones bullish bearish
In the 2 hour timeframe, we can observe BTC is very close to a support zone, and it also shows the volume is decreasing as well. This shows that sellers are getting uninterested, and will most likely switch sides. Also, this descending triangle's resistance line is dangerously close to breaking out, meaning in the near future, we can expect BTC to pump all the way to 20k.

NOTE: This is not investment advice. sometimes it won’t work. Nobody has a crystal ball to predict the future. Sometimes it doesn’t work.
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