Well guys, it's been almost a half year since last publish. More data means more accurate predictions in shorter-and mid-terms.
Mid-term: Bearish, if this is the current top, then we'll have a rising broadening wedge. This mid-term pattern has a high probablity of breaking bearish. With that being said, it is highly possible it break bullish since this pattern and price-action is near the btc halving period.
Long-term: Still bullish as ever. Aside from the bitcoin halving. If this is indeed a top. Then we can see btc forming a symmetrical triangle pattern. Which has a high probability of breaking bullish. However, if it does get resisted by the sellers in this region, next most probable event is retesting the supports.
Thicker the dashed lines, the longer-term price-action predicition.
Thicker solid lines, the longer-term patterns.
Exciting times incoming after april this year. Good luck guys and may the trend gods be with you.
Mid-term: Bearish, if this is the current top, then we'll have a rising broadening wedge. This mid-term pattern has a high probablity of breaking bearish. With that being said, it is highly possible it break bullish since this pattern and price-action is near the btc halving period.
Long-term: Still bullish as ever. Aside from the bitcoin halving. If this is indeed a top. Then we can see btc forming a symmetrical triangle pattern. Which has a high probability of breaking bullish. However, if it does get resisted by the sellers in this region, next most probable event is retesting the supports.
Thicker the dashed lines, the longer-term price-action predicition.
Thicker solid lines, the longer-term patterns.
Exciting times incoming after april this year. Good luck guys and may the trend gods be with you.