In fact, crypto history already had a similar BTC move in Oct 2019 — the China pump — when Xi Jinping said BTC could be unbanned (at least…
In fact, crypto history already had a similar BTC move in Oct 2019 — the China pump — when Xi Jinping said BTC could be unbanned (at least that’s how crypto bros heard it; it turned out to be a misunderstanding). As a result BTC actually slid lower than it was before the pump. Until we reach 83, that probability does exist, but it’s not the main scenario… The main scenario is upside — whether from current levels or via an H&S from 70–75.
The excerpt is quoted from a public Telegram channel, which owns its text.