SebastianofMoon

Bullflag formation forming. Chance for push to 10k

BITSTAMP:BTCUSD   Bitcoin
This is a view, how a push to 10k might still be possible.

Even higher imho possible.
If we don't correct now, and the double top therefore doesn't materialize, as I feared today in the morning, we
could indeed see an upwards break of this triangle.

Highly interesting times we are witnessing.

I am myself quite unsure now, that's why I post this differing view from today morning.
Trade with care, BTC is berserk at the moment.

The indicators are treacherous atm.
Comment:
BTC is dragging it out, making a new, slightly longer triangle:


Decision time approaching
Comment:
Soon there:


And then? A type of correction will probably occur. But how big will it be? Who knows. I am tending towards the 2012 fractal. But BTC could also do something new.

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.