Looks like a possible fractal in play. The current wedge on the right, is a very steep one, so not a typical one. But then i remembered again, we had something like this 2 years ago. That is the one on the left. There is a big difference though, in 2018 price dropped from 11.700 to 7300 and then made the wedge. Now it's at a different stage, which normally is a big difference!
Just wanted to show it nonetheless, because it's pretty similar. Below is another wedge from 3 months ago, also some similarities. Both actually show we don't see a big dump, but more sideways action.
So think something to keep an eye on
Just wanted to show it nonetheless, because it's pretty similar. Below is another wedge from 3 months ago, also some similarities. Both actually show we don't see a big dump, but more sideways action.
So think something to keep an eye on
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Bitcoin analysis:
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New ETH analysis:
