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lyl89
Dec 15, 2017 10:09 AM

BTCUSD - Where is it heading next? 

Bitcoin / U.S. dollarBitstamp

Description

Price is pretty much ranging at the moment, where is it heading next???

I have spotted 2 bullish flag patterns. First one reacted, second one has broke out, not sure of how much higher it will go.
If it breaks out from the current price, we are definitely going to experience another all time high.

OR Will it be a rising wedge pattern instead?

Bitcoin price rose when CBOE launched Bitcoin futures.
I'll be looking forward to the next launch by CME Group on 18 December.

Feel free to comment on what you guys think =)

Comment

It seems like Bitcoin loves forming flag patterns, yes?
Are we seeing another flag pattern reacting soon?
Comment and share what you guys think.
Comments
cryptodavinci
24K target
lyl89
@cryptodavinci, you must be holding BTC!!
cryptodavinci
@lyl89 Yes, holding. No signals to short yet. It's in a 3 year bull run. Going to take multiple simultaneous indicators to even think about shorting.
cryptodavinci
@cryptodavinci, Of course I have no way of telling which way it's going but, it's smart to stay with the trend.
cryptodavinci
it's a running wedge
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