Bitcoin sure does like to make triangles in its chart
Back in 2018 we had the infamous bearish descending triangle leading to Bitcoin's ultimate bottoming
What if (while smaller), we are now beginning to see a bullish ascending triangle that will ultimately lead to Bitcoin's first higher high in over 2.5 years around late June/late July?
This is a valid possibility given what I have drawn
I have drawn the prior descending triangle in 2018 with our downward bearish red arrow
I have also drawn what looks to be a potential bullish ascending triangle in 2020 (now) with a bullish green arrow
Tick tock, tick tock......
Back in 2018 we had the infamous bearish descending triangle leading to Bitcoin's ultimate bottoming
What if (while smaller), we are now beginning to see a bullish ascending triangle that will ultimately lead to Bitcoin's first higher high in over 2.5 years around late June/late July?
This is a valid possibility given what I have drawn
I have drawn the prior descending triangle in 2018 with our downward bearish red arrow
I have also drawn what looks to be a potential bullish ascending triangle in 2020 (now) with a bullish green arrow
Tick tock, tick tock......
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We are so close
We are so close