Bitcoin Coiled up in a HUGE Symmetrical Triangle on Log Chart
This is a huge symmetrical triangle pattern.
You all know what happens when Bitcoin does this. It EXPLODES.
There is a lot of energy being bottled up as the price squeezes down into the tip.
Bitcoin will have to make a decision as the market makers bubble meets the adoption curve.
Which direction do YOU think it will break out?
I hope this helps you with your own analysis.
Peace, Love, & Crypto,
B166er
You all know what happens when Bitcoin does this. It EXPLODES.
There is a lot of energy being bottled up as the price squeezes down into the tip.
Bitcoin will have to make a decision as the market makers bubble meets the adoption curve.
Which direction do YOU think it will break out?
I hope this helps you with your own analysis.
Peace, Love, & Crypto,
B166er
Note
I've WAITED very, very patiently for the price to come to me aaaaaaand all my limit orders in the 6,000's got filled!!!Note
Making this comment two months later and it looks like this is playing out perfectly.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.