Bitcoin has been pumping for two consecutive Mondays recently, will it pump on the upcoming Monday?
It is a little bit to early to say but I think it will not and there is going to be a change in pump pattern a new day perhaps but which day can we expect the pump to commence?
First I think Bitcoin should reach the $33,000 mark I talked about in my previous BTC post. I look at the chart and I think this should happen this weekend and actually Bitcoin could pump on Monday. lol
Or perhaps we could have a bigger dump to $31,500 This is a possibility though because that is one of the support (previous resistance) that Bitcoin broke violently!
The longer I think about it the more violable scenario that is! Nothing grows in a straight line and the pullback would be around 10%
That would perfectly fall in line with the pump in 2020 bull run it also had 10% pull back after the first volatile pump just like we had this past week!
Looks like we are going to have an interesting weekend and the beginning of next week!
All The Best,
Aventurine!
