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RE: Bitcoin (BTC) Morning Update: Why Am I So Bullish on Bitcoin?
A symmetrical triangle and the MACD triangle indicate that a massive price action is happening -either huge price pump or massive price crash. However, Haejin believes that a massive bear market to the 2 or 3ks is very unlikely as he believes in the value of cryptocurrencies, so he favors the bullish scenario.
Many thanks for the explanations!