Let's not forget what we are dealing with here. Bullish downward wedge which is NOT triangular pattern which many seems to confuse it with.
BTCUSD
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
Below are few charts which I have posted in prior month which are ALL ACTIVE, feel free to scroll through them for more guidance and see what we see from different perspective
Trade active
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Comment
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Small drops are possible, but that's only in short term. We are looking at longer term trade here which take few month.
You could also draw it like this. That shows sub 5k is possible in a bullish scenario.
tearliner
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can you stop posting permabull ideas? your idea makes me sick... ethereum classic goes to 2000$? seriously?
gandalfshangout
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not a wedge
CryptoManiac101
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@RicardoCruz85, thank you for your feedback
Zenter
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@CryptoManiac101 Amazon dropped %90 in 2000. Now Amazon holders are rich ;) short term is not important for me.
SignalSnipez
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Seems Crazy to think Bitcoin could go back to tops in the next 6 months. Generally, Instruments of this matter would take atleast a few years before starting another up cycle.