Descending broadening wedge after peak BTC/USD 4hCurrently BTC/USD is in a descending broadening wedge after a peak.
This means high chance of upward breakout. Price increase from breakout point is usually the difference from pattern top to pattern bottom, which would mean a price of $123000.
Not financial advice. There is a chance of this not playing out, even though the chance is small.
Btc-usdlong
Let’s Get Back To The 69 We all know I love triangles and all things related. The decending wedge is like a close cousin and getting back to 69 will be uncomfortable (see fan line levels)
But as we all know the show goes on.
Target date listed as Jan 31, 2022… This would make for a pleasant new year, and most importantly confirm that we are all positioned in what will lead into a “cycle” of elongated proportions.
Confirmation will be revisited once in PR.