There are more than one person seeing this triangle form in the Bitcoin chart. The sides are coming in as the Bitcoin price range getting smaller and smaller or is it tighter and tighter.
Some say tomorrows futures contracts coming to an end and can be the catalyst for a break out of this triangle, but will it be UP of DOWN?
Yesterday I blogged about two analyst, Tone and Lee, that think we are going lower to the 7500 range. Tone and Lee are long term guys and the longer you try to look in the future the more possibilities there could be, so it is not clear.
Today I watch the Chart Guys video and Dan seems to be bullish. He thinks something will happen soon and it can start tomorrow or over the weekend. That is very soon. 😊
The Chart Guys are the experts when it comes to short term views on Bitcoin, so watch this for more details:
I believe we will go up from here to $20k and not see $7500 bitcoin price. What do you think?
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I am a successful bitcoin cloud miner and affiliate of Genesis Mining and USI Tech. I have been mining for the last 19 months. I highly recommend Genesis Mining and USI Tech to earn bitcoin and make money online. I believe it is more important to earn income than hold assets. That is why I recommend mining crypto and blogging on Steemit.