Have you ever heard of the April Bitcoin bullish wave?
it is true and generally happening, for some reason the period starting from April to the summer time has a tendency to form bullish patterns and rallyes.
Reason of a post tax period in the U.S?
Reason that investors and big investors prefer post christmas time to start investing and rebuying as it is the period of the year when they possibly have as an average, the most money to invest somewhere?
The market is small, so it is very likely that it reacts in an important way to post tax periods, and average cashing in and out variations.
The charts does not lie.
This April-summer bullish theory is an average indicator i included in my prediction of a very strong bull trap possibly incoming, mixed with the 6.000$ double bottom, the huge short squeeze, and the correct market sentiment with lots of people shouting for the moon and beeing certain that Bitcoin has bottomed.
What month are we already ?