Hello Ladies and Gentlemen. What we are witnessing right now on charts is a Gartley butterfly pattern that is being formed. I think the price of bitcoin is going (probably) to form a couple of classic TA patterns over the next several weeks, according to what we've seen recently - an ideal reverse head and shoulders pattern. Although we might see a December bull run as well. Cheers and happy trading.
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Sorry Ladies and Gentlemen, these two trendlines are not 'ascending', 'descending' of course, sloppy checking on my part))