In this update I discuss the recent price change on the bitcoin chart, so far confirming the action being contained in the wedge which points toward the date of the bitcoin block reward halving.
I go over the previous 2016 halving and the price jump in the weeks prior, and try to use it as a lense to help understand what may happen in the coming months....
This is a brief overview of what I am seeing in the longterm bitcoin chart, from an investor's technical and analytical perspective, taking note that the price action seems to be responding to upward trending fibonacci levels.
I discuss my macro-view of the bitcoin price action, as well as my buy-zones for investment position accumulation.
This provides a quick...
