martijnk1

The moment of truth for Bitcoin... and pretty much all altcoins.

martijnk1 Updated   
BITFINEX:BTCUSD   Bitcoin
Many draw a descending triangle, but I see a descending wedge. The former is often bearish, the latter bullish. Whatever it is, the moment for Bitcoin to make up its mind is getting closer and closer...
Comment:
The fight has begun...on Bitfinex the orderbook was engulfed with sell orders just above the 0.618 fib retracement from the last swing, the but it seems the bulls are holding up....
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