The Bitcoin Squeeze

briggsy (64)in #bitcoin • 8 years ago (edited)

Just a short update on Bitcoin.

I've been watching the charts, (holy Dogethereum!) and lots of interesting things happening.

I wanted to share these Bitcoin charts (log and non-log) to show the tightening that is taking place on the spread of Bitcoin's price action. I don't want to be throwing out predictions, especially this time of year, but the corridor that Bitcoin is bouncing through is tightening quickly, which means at some point a breakout will likely occur.

normal chart - 1 Day candles