BTC Volatility spike in April-May, an interpretation
An interpretation of an expected volatility spike in April or May. A bullish or a bearish mega move would be expected.
We see that the price is confined within a descending widening wedge, rising channels and two nested descending triangles. Breakout of the smaller triangle is the main determiner of future price action.
We see that the price is confined within a descending widening wedge, rising channels and two nested descending triangles. Breakout of the smaller triangle is the main determiner of future price action.
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Volatility happened at the dotted timeline, but I expected it on the next dotted time line in April-May
