My thoughts on Bitcoin price action.
At present, I believe we'll first enter a phase of decreased price action and value until we hit the high 70s or low 80s range. Then after, another few months of rally to anywhere in between 110s and 125s.
After that, another long bear with a price range of high 40s or low 50s. No thoughts on the next bull cycle yet.
Testing a fan and breakout. No financial advice.
I'm sort of expecting a breakout up or down but can't tell from the graph. I'm leaning toward down but I'll wait for it bounce in the yellow area before doing anything.
Don't be gullible and believe this chart . Like most people on here, I have no idea what I'm doing.
I'm only testing a wedge - we'll see in a week if it's correct or not.
