BTC on the weekly still honoring the symmetry of the upward channel.
After the strong impulsive move from ~$10K to ~$60K price has formed a very nice expanding flat corrective structure
whilst still maintaining the upward channel.
What's more is price is also forming a falling wedge as we approach the ascending support of the channel where I will be expecting
price to find support, and resume course to the upside.
We shall see.
After the strong impulsive move from ~$10K to ~$60K price has formed a very nice expanding flat corrective structure
whilst still maintaining the upward channel.
What's more is price is also forming a falling wedge as we approach the ascending support of the channel where I will be expecting
price to find support, and resume course to the upside.
We shall see.