BitcoinLong
BTCUSD Nothing can stop it from reaching 26800 soon
Since the start of the year the pattern on Bitcoin is a Rising Wedge. The recent sideways movement however after hitting the top of the Rising Wedge, draws comparisons with the introcution construct that in mid January which after a +18% rise it rose another +15% to form the top of the Wedge.
So you can still buy low and sell high inside the Rising Wedge but keep in mind that if the price crosses over it, especially if the MACD makes a buy cross, it can quickly rise by +15% to 26800.
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So you can still buy low and sell high inside the Rising Wedge but keep in mind that if the price crosses over it, especially if the MACD makes a buy cross, it can quickly rise by +15% to 26800.
Follow us, like the idea and leave a comment below!!
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