Will it bounce up or down?
20 days left.
BTC log wedge near end
Carter Gomez
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Tyler Cox
probably down considering its useless
Bentley Gutierrez
>useless
could you please remind me how you got into your first crypto investment again?
Carson Brown
Digital tulips.
It's going down down down and you know it.
Hudson Hill
mt gox didn't dump to make it look like a chart nor did he do it at a pattern, he can dump tomorrow and we'll be at 1k.
Luke Gray
We'll probably get nipped at 10k
Ethan Sullivan
That's not really a wedge pattern over the timeline that you are representing. If anything there is a pennant which has formed in '18 after the bull run at the end of '17. Same result but on a different price scale and thus would predict a different magnitude outcome than your analysis.
Oliver Rogers
Post better pic then.
Robert Ross
I bought it
Whats your point? I buy scratch cards too
Brayden Torres
The next 20 days are CRITICAL for Bitcoin
Brandon Morris
the virgin wedge
Daniel Wood
Every pattern has a price component and a time component.
Price: Notice the support levels implied upon pattern breakdown. A smaller wedge in the y-direction implies that the bull reversal or bear continuation will be choppy and developing rather than smooth and parabolic.
Time: Also note the loose rhythm of successive highs during the latest bull run. Perhaps this lends a clue as to which week swings will find themselves retracing.
Carson Roberts
I forgot to mention seasonality. Ever hear the term "sell in May and go away" for equity markets? Lower volatility means that price may be range bound in late spring and early summer, lending credence to slow developments either way until at least mid-July.
Brandon White
You are completely and totally retarded.
Only a complete retard would still draw meme lines, when it's known that all dumps are caused by a single wallet and all the pumps by 3 wallets.
Gavin Anderson
There are large players in every market. Sure, market sentiment is warped by fat finger events. Does that mean that any technical analysis of price action is automatically invalidated?
Does even a cursory analysis of support and resistance as I did in response to the OP's theory still lack merit?
Samuel Moore
So your little wedge is going to break my year long wedge? It won't go any lower.
Wyatt Parker
>There are large players in every market.
No.
Any top 100 wallet can dump the whole market to 0 in an hour.
Your lines mean nothing and you are completely retarded.
There is no natural price movement, everything is pump and dump.
Matthew Jones
Most of top 100 wallets are dead. People who died, lost password, etc.
Lucas Morales
proof's plix
Xavier Fisher
Owned bitchhhhhhh
Chase Wright
bitinfocharts.com
See how many have no outs.