Possible big dip after good weekend.
Looking back at the big picture that bitcoin is putting up, we are seeing a rising wedge forming. The end of this rising wedge is putting itself at the end of Sunday EST. Normally after a rising wedge the market pattern calls for a significant correction so be careful about buying in to this rise late into the weekend and start considering taking profits Sunday afternoon EST. Play Safe :)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.