Bitcoin needs to pass our resistance line around 10k for possibility 2 to become more likely. We are consolidating in our triangle and I think we will see one more curve down before popping out and getting above 10k. Obviously I would rather have possibility 2 be the truth, but it is less likely. Volume is low and MACD turning downward. Lots of good news in crypto lately may make the probability of #2 more likely. Calculate your risks and make a decision from the patterns. Either way I see bitcoin going up in the near future.
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Bitcoin following my pattern. We may be going down from here
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Bitcoin following exactly as predicted still. Click play above to see how this is playing out. Could expect bitcoin to drop to around 7,000 still or more likely around 7,500 is my guess before we break out of consolidation.
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Idea perfectly still valid. Following the pattern very nicely!
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Still going down as expected. Bitcoin is consolidating within the triangle and its pretty easy to see when you draw it out that the price really does follow the pattern.
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