Bitcoin breaking out of a 3 year triangle pattern

in GEMS4 years ago

This is probably nothing, but BTC is breaking out of a 3 symmetrical triangle pattern

Nothing to see here.

I am sure it is irrelevant that bitcoin is starting to breakout of a 3 year consolidation pattern.

I mean, I am sure this isn't important going forward:

image.png

(source: https://twitter.com/JWilliamsFstmed/status/1287377437605728256/photo/1)

It's not like the move took over 3 years to set up or anything and we are finally breaking out of it.

For all those that have been waiting, it might finally be bitcoin's turn for some time in the sun.

I am pretty bummed STEEM didn't do better though, it keeps falling further and further down the ranks on coinmarketcap.com

What can be done about it?

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Breaking out of this triangle / wedge is an excellent point that I think few are noticing!

Keep watching the charts! 📈

The resulting move could be a big one based on the size of this triangle.

When Others invest: "Breaking out of triangle/wedge"

Me: Bitcoin's price increases after halfing. INVEST INVEST INVEST

😂😂😂

The best play is to buy when the price is decreasing after a halving, the price has always eventually gone up afterwards.

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