raserrano

Whats going on with BTC?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Well #BTC has been moving lately which is way different prior the recovery where its move was basically flat and downwards.
This is a very interesting time to analyze what is BTC currently doing and since my last analysis a lot has changed and even so the previous trend lines have been respected. Now the move seems to be evolving within a wedge pattern but this time is an ascending one that has its bottom with the previous trend line that was draw when the recovery started. It also seems that this has been a rather longer move and just a continuation from the recovery, but it should soon either start a new move or pull back to previous levels that were established in the past.

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