BitcoinLong
BTC to Break 60k Resistance
Based on this ascending wedge pattern, I started to see the reverse of what happened in the last bear cycle. So I took the bar pattern from between December 2017 and June 2019, and mirrored it, then overlaid the pattern onto the one we see here. I keep seeing higher lows, but the highs are staying the same. It's like a powder keg getting ready to blow. I would say 80k incoming very quickly. The bottom of this dip is nearly in. I don't know how soon it will happen, but as long as this channel keeps tightening, my view will remain.
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