It appears as though Bitcoin is going to finish this pattern by the end of the weekend.
In one of my previous posts on Bitcoin i talked about the upward sloping trendline & how every time #BTC has traded on it since April / May, technically even further but not on this chart, we've seen parabolic movement, and we seen just that.
I've adjusted the line slightly in this chart, the Green line is where it was previously, and you can see Bitcoin is forming what I call a Wu Tang pattern, or simply a W.
Time will tell per usual.
In one of my previous posts on Bitcoin i talked about the upward sloping trendline & how every time #BTC has traded on it since April / May, technically even further but not on this chart, we've seen parabolic movement, and we seen just that.
I've adjusted the line slightly in this chart, the Green line is where it was previously, and you can see Bitcoin is forming what I call a Wu Tang pattern, or simply a W.
Time will tell per usual.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.