So you really want to know where bitcoin is headed? Exposure.Hello my dear followers.
This time i'm coming with new discovery, which also contains my long term prediction on BTC.
Breaking the Enigma. Pt.2.
Wedge or Triangle?
From what i see on the charts and from past few movements, i guess we can have this sort of movement in upcoming weeks.
Completely matches with previous movements.
Again BTC looks like it want to touch 200EMA/MA daily, which also corelate with pattern on 61,8 Fibonacci.
But new thing that really disturbs me.
If i get the angle and complete timeframe in which i think this all may happen. It corelates with september 30.
Coincidence?
The ETF release completely matches with my prediciton on downside move to 6k.
Are we really in the triangle?
This could possibily complete the pattern, where we will reverse again from 6k touch around 6,9k reverse back to 6k and start a bull run.
Even tho my long term prediction plays with new lows. This could actually happen.
Wedge scenario would be in play, if on september 30 they would decline ETF to CBOE and we would freefall through 6k to 5k region.
Yes then Wedge scenario would be actually in play! And we would be heading to touch that sweet 3.5-3,7K Point.
Play Safe.
Jeekis
