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You are shameless! Dude – your video from two weeks ago was called, Bitcoin Breakout Confirmed?" – https://www.youtube.com/watch?v=_Hz-i7lR7Jo&t=21s. Your video from AUGUST 21- and we all know what's happened since then – was called, "Massive Rally Coming?" – https://www.youtube.com/watch?v=XmKvWcQVxGw. Your video three days ago was called "Return of the Bulls"" https://www.youtube.com/watch?v=Ef46wZ2APU0. Your video yesterday was called "This Led to the Last Bull Run!" – https://www.youtube.com/watch?v=d6pByWNoSZ8. This is shameless, irresponsible hopium selling to crypto newbies. And Bitcoin is dropping in price AS WE SPEAK. You are ridiculous.
bob and Owen: you've definitely been paying attention, lol.
Bakkt buys over the counter (OTC) and they already did buy all the bitcoin they need . so their buying power will not be reflected on the charts, not even a bit. so don't count on bakkt to moon the price because they don't use exchanges and therefor the market cap will not rise moon boys.
This is what i think will happen: Somewhere in December we will see a big spike in btc price but not for the reason everyone thinks. The crypto community has put so much expectation on bakkt, etf that the price will go up on hype alone because the truth is that bakkt and other big institutions dont affect the price or total marketcap the moment they go live(OTC). It will probably take months before the market sees any change because of bakkt or etf approval. And when all these people that where expecting bakkt and etf approval to moon the price to 2017 December highs get disappointed when the price starts going down after a short spike up there wont be enough buyers to keep the price above 6k.
What do you all think of the bullish divergence?
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