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2 days +/- 1 to go... On the 4hr chart BTC bounced off the long-term descending triangle. That's positive but I'll not read into it too much just yet. If it maintains that way for 1day, well then. ( I'd not be surprised if we saw a stock market inversion).
Whatever happens in the next 72 hours, it'll be huge... It'll either be a massive buying opportunity and or a massive explosion in the whole crypto market.
If you're a hodler like myself, doing nothing is the best action. If you're holding FIAT, wait for the 'golden cross' before buying in, but don't chase it. Not financial advice, I'm just some random guy on the internet remember.
2 days +/- 1 to go... On the 4hr chart BTC bounced off the long-term descending triangle. That's positive but I'll not read into it too much just yet. If it maintains that way for 1day, well then. ( I'd not be surprised if we saw a stock market inversion).
Whatever happens in the next 72 hours, it'll be huge... It'll either be a massive buying opportunity and or a massive explosion in the whole crypto market.
If you're a hodler like myself, doing nothing is the best action. If you're holding FIAT, wait for the 'golden cross' before buying in, but don't chase it. Not financial advice, I'm just some random guy on the internet remember.
Why do you do this to yourself?
'CUK forum personality of 2011 - Winner - Yes really!!!!
Today +/- 1 day. We're at the 80% breakout point of a descending triangle. 85% breakout point is possible. The majority of all breakouts in this formation occur around the 80-85% region. 80% is around today according to me math.
"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain
If BTC does not close above $7k before the end of tomorrow then the pattern is likely - well I don't know - I've never never known a descending tragical to continue whilst ignoring up or down, no matter the subject, after reaching its crossover point.
"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain
If BTC does not close above $7k before the end of tomorrow then the pattern is likely - well I don't know - I've never never known a descending tragical to continue whilst ignoring up or down, no matter the subject, after reaching its crossover point.
Maybe all these chart patterns, are you know what, patterns you are drawing onto the PRICE, and well, like you said, the PRICE is meaningless...
You do know you just look like a total clueless idiot don't you?
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