FerroIgnique

Bitcoin Confirms Hash Ribbon post Futures Expiry

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BINANCE:BTCUSDT   Bitcoin / TetherUS
TLDR: Full FOMO, this is it, buy JP8 for the Jets and BroGas for the Lambros.

Hash ribbons painted a buy back in Early Aug, thats the blue dot. The blue dashed line is the futures expiry, where we dumped promptly after. Evergrande is not necessary to explain price action, hash ribbons, furutes expiry, Sept is one of the worst months for crypto.

Look at prior has ribbon buys and you’ll see a pump and a retrace that confirms near the price at the time of the hash ribbon buy. Thats where we are right now.

I’m full bull until next expiry. The harry potter scar formation performed just as predicted- a bit proud if that call. A similar, larger harry potter scar formation that runs from COVID dump last year to 68k for leg A, leg B to 30k and leg C is from 30k to ~114k
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