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Realamh
May 12, 2021 10:28 PM

BTC.X: The beginning of the end. 

Bitcoin / U.S. dollarBitstamp

Description

I hate to say it but it's the fall of cryptos. BTC is heading down toward mid 30's. Watch out and always hedge your investments. Cryptos are volatile creatures and may not always move in our favor. Also, just came out, Elon tweeted no mot BTC for TESLA. It's just the matter of time.

Comment

I should have drawn this better. This is not an ascending triangle, it's an ascending wedge. Do you see it?

Comment

This should land at around 35k and bounce back up. Depending on how high it goes, we might see lower lows or another uptrend.

Trade closed: target reached

Comments
Bobbi78
So u gamble on a bullish triangle breaking to the downside? Lets see.
Realamh
@Bobbi78, it's a rising wedge on daily. I think the daily one will play out.
Dmula
@Bobbi78 down damn near 2000 points since Bobbi, hot diggity dog lets seee
Dmula
Potential head and shoulders on the daily? Bitcoin to 40k? We will find out on the next episode of dragon.....
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