Bitcoin market makers are using this simple trading pattern since the last top 13441$ (24th june). It took 21 days to BTC to reach the bottom of the contracting triangle (15th july) and exactly another 21 days to find the top of the triangle (5th august). If we continue in this pattern inside the weekly chart we should reach approximatively 11417$ sept 16th. Cheers !
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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.
