Strong Buy Signal Just Triggered On Bitcoin... Look For This Move
Bitcoin hit a new all-time high $8,285 today. Fortunately, it is choppy and has formed a very bullish intra-day pattern known as a peanut "M&M". This dictates that when the mouth opens (as seen in the chart below), a delicious chocolate and peanut center will boost flavor buds to above $10,000 in a short while. This is a classic chart setup that works on anything from Gummy Bears to Popsicles and Wonka bars. It's very popular with technical and momentum traders who haven't a clue what they are talking about, have never made any real money, but who love to give hair-brain advice to tootsie suckers. If the mouth opens, the belly should be full within hours.
