#forecast 010 : The whale pump
Dear subscribers,
Welcome to The Bitcoin Forecast #010.
My last letter outlined a continuation of a bullish on-chain structure just below a 30k resistance band. Since then the price has rallied as high as 42k and is currently undergoing high volatility chop.
Top level summary for 16th January 2021 (current price $35.7k):
The rally to present price levels ha…