Bitcoin - It is NOT a Triangle!...technical analysis done right!

in #bitcoin • 6 years ago (edited)

The problem with the technical analysts is that they think it's a "triangle"...

Well, it is not...

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It's pretty much a parabol...and you should treat it as such...

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Now the question is will it go further down or...

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...further up...before going down again...?!

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I believe the blue line is more suitable for the time being meaning that we could see a run up before the Bakkt exchange etc and then steadily down for the 1st quarter of 2019...

What do you think...are a yellow, blue or even a white one possible?!

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#technical #analysis #market #busy
6 years ago in #bitcoin by
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     6 years ago 

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