Rule72

Bomb Disposal

Rule72 Updated   
COINBASE:BTCUSD   Bitcoin
Money Man has never been this uncomfortable analysing a chart. The potential here is a bit looney. He is still holding out for a pattern (this triangle) morphing into another (like an ascending triangle). Time is of the essence here and this is a squeeze but of what – surely there cannot be much in the line of shorts. Lets hope for sanity.

Conclusion: This might be part of the consolidation or not – be prepared. Very important to me: Please like if you appreciate the effort, Please comment and develop this further and Please follow if you see this analysis thread going somewhere you would like to know about.
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