My point of view about BTC
Right now BTC made two patterns, where these two patterns are opposite, the first pattern is the descending triangle pattern (bearish pattern, gold line) and the second is falling wedge pattern (bullish pattern, dashed line).
Let's see in the next few days which pattern happens.
But for myself i like the first pattern, which is the descending triangle pattern.
Why ? because in the previous year, in 2018 BTC made a descending triangle pattern as well, and now the pattern in 2018 is repeating itself this year.
And the target price if descending is successfully breakdown is at 20k, which 20k is the price of all time high BTC in 2017.
Maybe that's just my point of view about BTC. Feel free to correction and ask.
Let's see in the next few days which pattern happens.
But for myself i like the first pattern, which is the descending triangle pattern.
Why ? because in the previous year, in 2018 BTC made a descending triangle pattern as well, and now the pattern in 2018 is repeating itself this year.
And the target price if descending is successfully breakdown is at 20k, which 20k is the price of all time high BTC in 2017.
Maybe that's just my point of view about BTC. Feel free to correction and ask.
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