Guys what do you think about this chart pattern. I'm pretty sure, that we have good opportunities to hit our min. price target, but also possible for the max.
Let me know your opinion about this... cheers!
Guys, I'm really not 100% sure, but it currently looks like a descending broadening wedge to me. I have rarely taken this pattern here, but would it match or do you agree? Am very grateful for some discussion topics and also very curious.
It would at least confirm the theory that we are once again seeing the long awaited correction to the 44K or maybe even 41K.
Yesterday, the Symmetrical Triangle was broken to the downside and we are currently rather in a downtrend - but... on the 4 hour timeframe we can see that Bitcoin is forming a falling wedge and thus we see rather bullish signs.
Therefore, I see it as realistic that Bitcoin has quite a chance to head towards 52,000 in the next few hours / days once we have broken...
