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Hi all,
I posted this analysis previously with all the lines and apex of the triangle, but unfortunately, I made the submission private. I haven't touched any of the lines, only added the light blue line at the top of the chart which references the previous Local High.
I think we will see 10k by end of week, and then the FOMO will ensue. I'll be selling 75% of...
Chart updated to provide other channels to play with. IMO we will see BTC climb with sideways motion, one big dip down to ~7500 area, and then takeoff to another ATH.
Updated channel / scenario for BTC. I'm currently still in a long from 6450.
Looking to add after candle close over resistance levels.
Not Financial Advice.
I see an Adam and Eve Double bottom, which is indicative of a trend reversal. We have been on a downtrend for quite some time.
We needed to correct from that crazy run we just had. Think about it, people were buying BTC just because they thought they could get rich off of it, and had NO idea what it was / how to use it. With continued positive news, I see this...