One More Hurdle Then it's to the Moon for Bitcoin
Bitcoin has just broken through one symmetrical triangle and must now face the big one.
Bitcoin is coiling up like a cobra inside of a massive symmetrical triangle on the log chart.
Once this triangle is broken through, you'll see Bitcoin race to 20K, falter a bit as whales sell into the momentum, and then it will break through to create new ATH's.
The previous ATH at 20K is the knee of the curve, after which Bitcoin will launch into outer space.
Please thumbs up and follow if you like this idea, thanks!
Peace, Love, & Crypto,
B166ER
Bitcoin is coiling up like a cobra inside of a massive symmetrical triangle on the log chart.
Once this triangle is broken through, you'll see Bitcoin race to 20K, falter a bit as whales sell into the momentum, and then it will break through to create new ATH's.
The previous ATH at 20K is the knee of the curve, after which Bitcoin will launch into outer space.
Please thumbs up and follow if you like this idea, thanks!
Peace, Love, & Crypto,
B166ER
Catatan
I expect Bitcoin to test the top of the triangle. The adoption curve at the bottom is more likely to win in this scenario as it has more power and history than the 2 year downward trend.Catatan
Look for Bitcoin to test the top of the triangle sometime within the next few months. Maybe very soon if bullish momentum increases.
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