Bitcoin heading to 22k
Bitcoin is completing what seems like its favourite pattern recently.
- Start a wedge and bounce a couple times
- Break out of the wedge and form a double top/bottom with the price at the start of the wedge.
- Flip and blow through the wedge to hit the other side of the wedge formation.
If it completes it's third one right in a row (with more historical examples available) then we should see 22k fairly soon as these moves are usually fairly aggressive.
You can either short now, or long later.
- Start a wedge and bounce a couple times
- Break out of the wedge and form a double top/bottom with the price at the start of the wedge.
- Flip and blow through the wedge to hit the other side of the wedge formation.
If it completes it's third one right in a row (with more historical examples available) then we should see 22k fairly soon as these moves are usually fairly aggressive.
You can either short now, or long later.
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