Bitcoin Wedge Heading Straight for Halving
I've been tracking this wedge pattern on Bitcoin (BTCUSD) for a number of months.
I buy when it's below the wedge and sell above the wedge for some short term profits. For example sold at $10221 Feb 11th and bought back today for $8631.
When I created this wedge pattern, I really didn't pay attention to the Halving (or Halvening). Recently I just noticed that the wedge has been heading straight for the Halving expected on 12 May 2020.
Still no idea which direction after the wedge.
Do you plan to be long or short after the Halving 12 May 2020?
I buy when it's below the wedge and sell above the wedge for some short term profits. For example sold at $10221 Feb 11th and bought back today for $8631.
When I created this wedge pattern, I really didn't pay attention to the Halving (or Halvening). Recently I just noticed that the wedge has been heading straight for the Halving expected on 12 May 2020.
Still no idea which direction after the wedge.
Do you plan to be long or short after the Halving 12 May 2020?
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