zippy1day

Bitcoin Symmetrical Triangle

Long
BITSTAMP:BTCUSD   Bitcoin
Whether it be a Symmetrical Triangle, Busted Ascending Channel or larger macro bottoming formation, Bitcoin is still proving difficult to read!
So far as the the Pi Cycle goes it is interesting but needs more time to see its value as it could be the result of "Curve Fitting" as described in the link below and perfectly explained by Alessio Rastani.


Curve fitting:-https://en.wikipedia.org/wiki/Curve_fitting
thepatternsite.com/st.html
youtu.be/jRWHccjnaBE

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.