Here is to show, generally all rising wedges get filled. First and second completed. Doesn’t necessarily mean it dips right away. Takes time. First is, smart money has to entice many in order to create volatility. Then more volatility as it dips. During this process, smart money must have some HIGHER LOWS and HIGHER HIGHS. This can make more traders believe BTC is on its way to the moon, then more enticing by smart money. Eventually it ends somewhere near the dotted horizontal line-the rising wedge. Remember if there is no volatility created by smart money through dumb money, process can delay. For this reason I don’t pay any attention to other charts showing it’s on its way to the top. Only if it’s on a higher time frame without exaggeration. BTC good for short trades.
Who spiked it big. As always smart money. It all started with real-time data, once they saw that signal move, then they bought from $13.523 mil to a quick BTC spike purchase up to $114.456.
Now, tell me, who controls the market?