Our last video brought news of continued sideways action, hints of a potential altcoin season but no confirmation yet.
We also shared a Bitcoin (BTC) Technical Analysis chart that showed a very similar falling wedge in 2017 just before the big run to $20,000. As per that analysis, Bitcoin (BTC) is scheduled to dip approximately 5-20% and reach around $7700 before reversing.
The reversal will have the help of Bakkt launching, which has reported $600,000 in bitcoin futures contracts within 24 hours.
Thanks for watching, and stay tuned for more in depth cryptocurrency videos.
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#Bitcoin #Blockchain #crypto
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