I was all over the 2018 Descending Triangle in Bitcoin, but Bitcoin's 2019 price action has left me head-scratching quite often.
Yes, yes, I have had a bull flag/pennant drawn for weeks. However, while this pattern may be invalidated at some point, it has not yet. I see a alot of charts out there projecting many different scenarios, but none that show this pennant. It hasn't been invalidated and would be quite extraordinary if it played out in early/mid December at this point given all of the bearish sentiment.
Yes, yes, I have had a bull flag/pennant drawn for weeks. However, while this pattern may be invalidated at some point, it has not yet. I see a alot of charts out there projecting many different scenarios, but none that show this pennant. It hasn't been invalidated and would be quite extraordinary if it played out in early/mid December at this point given all of the bearish sentiment.