The impulsive phase of Bertie’s rally is quite steep, and I therefore doubt that C-D can replicate it. D=30,873 looks quite achievable nonetheless, and so you can use the pattern shown to get long ‘mechanically’ with a bid at x-25,676, stop 23,942. We don’t typically risk that much initiating trades, so I am suggesting this one only to traders who know how to cut the entry risk by 90% of more with a ‘camouflage’ trigger. Please note that BRTI is not a tradeable symbol, but rather a real-time reckoning of best bids and offers across a wide variety of cryptos. ______ UPDATE (Mar 31, 9:10 a.m.): Bertie took a gratuitous poke at p2=29,141 that did not alter the odds of a finishing stroke to D=30,873. Here’s the new chart.
BRTI – CME Bitcoin Index (Last:28,117)
