Descending triangle? What Descending triangle?
People are getting so carried away about a few little wicks... All noise within the larger scale of things. This close to the halving, approaching the most bullish quarter for Bitcoin, and in a wedge which at worst is neutral pattern, and based on the weekly candle bodies is clearly ascending rather than descending. A break and close below the 21-week EMA of course changes things, but until then I'm looking for a close above $11,500 to start the inevitable next stage of this bull run.
Hope you're all strapped in for an exciting Q4! Moon, Lambo, whatever your motivation, just keep HODLing.
Hope you're all strapped in for an exciting Q4! Moon, Lambo, whatever your motivation, just keep HODLing.
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