Can Bitcoin jump over this 200 Day MA?Bitcoin appears to be trading in a Ascending Triangle. It also looks like a giant W or what I call a Wu Tang pattern may play out, resulting in a gap to the upside.
On a smaller time frame there's clearly a bull flag or descending triangle. I don't see any resistance until 8709ish & 8860ish USD.
Wutangwave
Is #BitcoinForPresident making 2019 ATH's this weekend?It appears as though Bitcoin is going to finish this pattern by the end of the weekend.
In one of my previous posts on Bitcoin i talked about the upward sloping trendline & how every time #BTC has traded on it since April / May, technically even further but not on this chart, we've seen parabolic movement, and we seen just that.
I've adjusted the line slightly in this chart, the Green line is where it was previously, and you can see Bitcoin is forming what I call a Wu Tang pattern, or simply a W.
Time will tell per usual.