Fractaleyes

Moon wedge or Doom wedge?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Update to previous idea. I'm on the sidelines as to where this will go. Playing the price action as best I can.

Possibilities this chart mentions:
- Potential head and shoulders
- Possible we stay inside the wedge and go higher still inside it, falling out of it later, or maybe defying it and breaking up
- Possible we form another huge bull-flag             as shown earlier in the chart, however to do this we have to fall out of the rising wedge and we might make the head and shoulders in the process..meaning we might go too low

There is a lot of news and hype around BTC             and a lot of mainstream adoption/interest, so TA is only so useful in that situation. Lets see what happens!
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