StephenGuilfoyle

One Big Descending Triangle - (BTC)

Long
BITFINEX:BTCEUR   Bitcoin / Euro
Greetings fellow Hodlers of planet Crypton, Hope everyone is having a great day! :)
Lets get right into it...

From the chart you can clearly see how the price of BTC has been retracing ever since the good ol' days when it reached its all-time-high in early Q1 of 2017.
There were several bull and bear periods throughout the year where the price surged then consolidated.
Since Jan, the highs have been getting lower and the support has stayed @ approx 5750 Euros.

Are you looking at the grass or the trees?
If you are zoomed in too far… it is hard to tell the difference.
Small things appear big when you are too close to them.


2017 has been one big descending triangle and there is a good chance that, (Spoken in an elderly mans voice; ''the great bull run of december 2k17'' will repeat itself as support has been found at 5750 Euros since June.

These bitches hella bullish on that bullshit.
Dont touch my crypto or i'll empty out a full clip


Happy Holding :)

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