But I think that with halving now less than 10 days away we are in store for some more violent upwards moves.
Serious question... Why? Because that is what you were told to believe?
Until halving happens and an equilibrium of supply/demand shows itself, why should there be violent moves up? This on top of the Chinese miners deciding to hard fork to 2mb blocks, and a big fuck you to the core team. My analysis tells me there is more upside likely to come, but not as "mandatory due to halving".
"Violent upward moves" followed by shit volume & slow deflation are not a "bullish breakout," young padawan.
Teh Halvening is a tragedy in the making, gonna be a shitshow. You heard it here first
Actually, I said something similar a few months after the LTC halving and made the comparison to the possibility of Bitcoin seeing similar result.
When you add the fact that the second halving will see so much front running due to people attributing the 2013 rally to halving, we would see pre-halving pump and post-halving dump