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BobRivera990

Bitcoin is moving in a rising wedge pattern

Short
Bitcoin (BITSTAMP:BTCUSD)  
BobRivera990  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Bitcoin (Cryptocurrency) BTC BTCUSDT BTCUSD bitcoinshort btcshort Rising Wedge pattern
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trendanalysis chartpattern bitcoin btc btcusdt btcusd bitcoinshort btcshort risingwedge pattern
The question for me was, why did Bitcoin stop now?
I came across this pattern when analyzing the weekly chart on a logarithmic scale
Bitcoin is moving in a rising wedge pattern.
If Bitcoin can break the pattern and get a reaction from it, it will rise to 5.618 fib
otherwise it will probably fall to 1.618 Fib
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