Bitcoin (BTC) Morning Update: A Pattern within a Pattern
SUMMARY
Overnight, Bitcoin (BTC) rose a bit; but patterns suggest that a bit more of churning might be needed before we see $9k. The below chart shows two upward pointing wedge patterns and so IF this is correct, price can wiggle a bit more and decline in a minor correction prior to rising towards $9k.
The wedges fall well within a larger symmetrical triangle pattern as shown below. IF the red ABCDE fall into place, it would provide an ideal launch pad for next vertical rise. Bear in mind that a triangle can also breakout on the D wave. Thus far, waves A is complete and B is getting its final touches. So, the CDE waves require a bit of forward discernment.
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wish there was more volume with this move
@dahlsom, if you continue to support @haejin you will get shit on just like Kim Jong Un shitting on @haejin!
@haejin you make great toilet, just like your TA!
ARN plz
Man I love ARN. I don't hear much fuss about it but I've made HUGE profits on it in the past and I expect the same to play out in the following months.
Oh, look at Kim Jong Un shitting on @haejin! @haejin you make great toilet!
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Bitcoin looks like its beginning to see a bull run and has started to test new resistance levels we haven't seen in a while. We've had one of the longest bear runs in history which is great for me as it helps me increase my position each month until we hit the next big run :)
so $25k is possible by the end of the year?
I think it’s very much possible!
Price is basing...COIL UP before it burst through the sellers at $8500. Hold on for the ride...next target $10k.
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Patience is the key to survive in this market.
When patience is exhausted it leads to desperation and lashing out, which is something we've seen a lot more of lately. Congrats to everyone who has held out this long.
I agree.
If our emotions ran our lives we'd be on a different path 15 times a day.
The coil back is what the whales are looking for. So I suggest when it coils back, buy before the whales do, if you can.
Churn baby, churn!
Great, thank You !
Can you do TA for bitshares...
and all that within another pattern... whoooaaa bruhh!