Bitcoin - Triangle Broken and 3950 Target Reached - What Now ?

in #bitcoin6 years ago (edited)

After Bitcoin bounced for the second time off the 200 Moving Average and went to 3955, it now appears the 3 month Triangle Pattern has been broken to the Upside.

2019.02.19 4h.png

https://postimg.cc/xkRmpWhS

Will BTC jump past all the "Lower Highs" now?

A possible new target could be 4600, where long time trendlines intersect by the end of May.

2019.02.19 color.png

https://postimg.cc/Rq0h436f

After that a downward correction seems most likely.

There is a bunch of long time trendlines forming a close knit "Knot" at 2.5K around 19 May.

Will we go there first before we launch our Mission to the Moon?