Notorious_B_T_C

Notorious_B_T_C

Bitcoin has bounced multiple times in the last few months from the bottom line of the falling wedge and is currently retesting a multi-year support trendline on the log scale, as you can see bitcoin has bounced from that line in the previous bear market at 3350 and has held support on it back in 2016 leaving the 2014-15 bear market and creating a new uptrend, at...

Notorious_B_T_C Updated 

Bitcoin was in a descending triangle in 2018, fell accordingly where it found support on the 200 weekly moving average. This then forms a falling wedge , which is a bullish pattern . We have to measure the difference between our lowest and highest point in the falling wedge , then add it on top of the resistance on the moment of breakout to predict how high we...

Notorious_B_T_C

Bitcoin was in a descending triangle in 2018, fell accordingly where it found support on the 200 weekly moving average. This then forms a falling wedge, which is a bullish pattern. We have to measure the difference between our lowest and highest point in the falling wedge, then add it on top of the resistance on the moment of breakout to predict how high we will...