we'll know whats happening in btc real soon

16 במרץ 2020

symmetrical triangle forming. normally continuation pattern but, well see because the bears seem exhausted. i think we're gonna see a break around the 75% of pattern mark. downside target 3100-3200 which would put btc in the position for a double bottom. at that point we would need a bullish break up past $12000 to break the neckline. Sounds ridiculous but everyone in this space knows how unpredictable btc can be. upside target for this pattern is 7200-7300 at the 75% pattern mark. only time will tell guys but i think that time is coming very soon. personally i think it will be going south with all the uncertainty in equities but if it goes north it might be good momentum for it to perform as a safe haven. keep them stops wide boy n girls.