update on ascending triangle

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
We could have hit the bottom already if we move the line a bit, but I want to warn you that we could also have a bearish pennant formation if we make resistance on the purple line (it would be a Symmetrical triangle if is longer than 3 weeks but is only 2 weeks long for now), so anything can happen here right now, if we break this down we could see serious consequences, fingers crossed.


Really enjoy your chart analysis, thank you.
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@MLH1981, Thanks a lot for you comment, you are welcome.
Much as I'd like to be optimistic on BTC price, I think we've got a rocky road ahead for the next month or so. Still confident we see new ATHs by end of year/start of next year but retail still spooked and seems like not a lot of new money coming in to the market. Michael Saylor alone cannot do it ;-)
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Cryptolover333 adamrudd23
@adamrudd23, No worries, I am almost 100% sure that we didn't hit the real top yet, and the top at the moment is over $150,000, I will post an amazing idea this weekend about an historic weekly chart and some indicator that indicate the top is not hit yet, had been always correct in the pass.