Bitcoin
Diupdate

The Great Rising Wedge potential playout.

246
When analyzing this enormous wedge that stretches back to 2014 and applying the rule of thumb that the target is the 'first pivot', a fall to the 0.786 Fib line would be possible.

I'm not saying this has the highest likelyhood and I do not expect this to play out, but I found it interesting to sketch it out.
Catatan
I would say that there is basis now for this analysis to be taken seriously. There has not been a single outbreak of range of the bearflags that have been forming. Not a single actual counter rally outside of the flag formations.

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