nagihatoum

BTC Volatility spike in April-May, an interpretation

nagihatoum Updated   
BNC:BLX   Bitcoin Liquid Index
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.
Comment:
Volatility happened at the dotted timeline, but I expected it on the next dotted time line in April-May

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