#DejaVu - Bitcoin Privates' (BTCP) Imminent Bull Run

Déjà vu is a feeling of familiarity, (the feeling of having "already lived through" something) is a feeling of recollection. - Wikipedia.

That describes exactly the way I feel right now when it comes to Bitcoin Private (BTCP). Back in April the price of BTCP seemed to be flowndering with no real support to speak of. It hovered briefly at a low of around $14. Panic seemed the order of the day and FUD was rife. Perfect conditions for an entry point were ripe. So that's what I did - bought more BTCP. Buying BTCP at those prices with no significant exchange support felt like running through the muddy trenches of world war I in underpants! It's a vulnerable position to say the least.

The price then suddenly spiked and moved north properly. Before taking a sip of my proverbial coffee - the price was at $60 and it did so with no real news.

So what caused this FOMO?

Theory One;

Those in the know about an impending Large/r exchange listing bought a lot of BTCP. Is this inside trading ? - No - you would do exactly the same had you known or suspected a large exchange listing to be imminent. And to be fair - HITBTC had always said that they would list - and they did. I took that bet.

Theory Two;

Well there isn't one and this article would seem silly without a second theory so lets just go with theory One.

BTC is about to turn North as there is clearly support at around $7100-$7500 and looking at the yearly chart, numbers 1;2;3 seem very important as do A;B;C. Don't let these numbers and letters fool or confuse you because I put them there to make the chart look and sound well.....very technical! I hope you agree?

Jokes aside, one can clearly see a strong vertical wedge forming on the yearly chart and a break upwards is most definitely very imminent. In fact, I would go so far as to say that a break out of BTC north is within a week or two away. Keeping this in mind, all or most atlcoins will be pulled upwards with a strong BTC bull run.

BTCP Dejavu

This brings me back to that familiar feeling of Dejavu - did I not just say that ?
Ok, so looking at the BTCP yearly chart I could not help but notice the similar mini flags that formed which in this case I have labelled "X" & "Y". I used these letters because A,B,C were already taken on the previous chart and they also sound very technical so hopefully this will convince everyone of the technical nature of this indepth analysis!

But then on a slightly more serious note, If "X" was a signal of Pre-fomo® - then the extremely similar "Y" pattern should be noted!

Good news imminent?

The Development Team Lawyers have just recently finished the Memo Papers proving that BTCP is not a security - which certain exchanges require for listing. This means that exchange applications from the BTCP submission staff will be resubmitted. In turn I would bet my donkey that the good news of a well known exchange will announce listing BTCP soon. Kucoin and Bittrex already have working wallets - so I will leave you to decide what happens next?

BTCP Price Prediction:

Lets just argue that due to the previous paragraph - some in the 'know' begin accumulating Pre-Fomo®, then pattern "Y" will repeat pattern "X". In turn this will cause real FOMO. The BTCP price has been very stable within the 'global current crypto short term bear market' holding steady at around 0.0030 sotashi. This shows and maybe even proves that the HODL Force is strong with this one. With a decent rebound in BTC around the corner and it heading toward $10 000 again, I would predict BTCP making a significant move upwards and well beyond $60 & 0.0060 very soon. I predict the first moves will begin this week.

Let's wait and see