Bitcoin is forming a rising wedge, which is a bearish pattern.
Usually a breakout occurs around 75%-80% of pattern completion, which would be middle of June. Till that time we might see a shaky and scared market where altcoins are generally not doing much even when Bitcoin is ranging.
Not financial advice.
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I hope it goes down so I can buy more, but I don't think it's going down any time soon.
Do you still like cargo x quinten? I shopped a bit as well because the price is very good at the moment…
I think we will be looking at 20k by December
btc aint dropping yet.
I agree. It's gone up too fast. Back to the fib 618 around $6K would be healthy for the simulation.
im not a trader, just a hodler, but i find it so interesting how the different forms behave, like u said about the rising wedge..that this is a barish pattern with more chance to go down than up, it would be cool if u make a video about different forms like aesending triangle and decending trianle and all the stuff, thanks for sharing this content 🙂 specially for beginners good to learn something here