CryptoBullGod

Bitcoin Daily Bull Flag

Long
BITSTAMP:BTCUSD   Bitcoin
Daily bull flag pennant still holding. Dotted line is a wildcard for me and totally possible; if that occurred, we would still be in a bull flag. That is because bull pennants/flags can have either the solid/dotted line base. And as always, this is my educated guess pertaining to the pattern in the charts. Many are calling for a descending triangle. While that certainly is a possibility, I believe that is less likely given the prior bullish action creating the bull pole, w/current consolidation forming a pennant. Time will tell!

Twitter: @CryptoBullGod

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