The case for a mini-bull run on BTCLet’s get to it:
Blackrock (with a $12 Trillion under management)
Just signed a deal to use coinbase’s #COIN custody and industrial services….
The yellow trend line is from March’s high and had not broken, until recently.
We are seeing accelerating job loss(in the USA), this is likely to affect the next rate hike… in September.
We are believe it or not, in a slight up trend.
The number of days we’ve in the current trend seems disproportionate compared to previous consolidation periods in the most recent down trend…
If you zoom in to the four hour you might just see a cup and handle/inverted head and shoulders pattern!
