Bump and run still in tact while also approaching previous support at 50WMA. Looks bullish if we can reclaim the 50W in addition to launching off of the B&R downtrend line.
5 years in the making. All of crypto noticed this long 5 year term triangle converge with the shorter 5 month term triangle and it broke up both ways. Moves upwardly may be violent, and diminish your ability to think straight. Faces might be left behind in a puddle of skin. Good luck.
Bitcoin right at the 8 week MA that it's bounced off of nearly the entire run from 10K to 60K the first time up (red line).
This is the second chance to reclaim that line as support since recovering from the May dump. My prediction is Bitcoin pumps bigly today and we end up above 60K, leaving that line as rock solid support for the time being. Nobody wants to be...
