The calm before the storm in Bitcoin
Short update as a continuation on the previous posts here on TradingView.
I'm certainly keeping an eye on this nasty rising wedge. This wedge can also be seen as the C-wave of the B-wave in this big zigzag prior to rolling over again. In this case we're talking an ending diagonal with one more leg up to go, as in to the 618 fib at $50-51k on the daily chart.
I'm certainly keeping an eye on this nasty rising wedge. This wedge can also be seen as the C-wave of the B-wave in this big zigzag prior to rolling over again. In this case we're talking an ending diagonal with one more leg up to go, as in to the 618 fib at $50-51k on the daily chart.
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