I have been expecting to see that 2k - $1500 BTC but I am starting to re-think that potential outcome.
Corrective waves and a fairly clear bullish falling wedge that could indicate we could be near a potential bottom relative to total marketcap.
- volume starting to show up at end of triangle - corrective wave could be complete - still room to the downside but only to the bottom of the triangle support line
Volume confirmation of breakout is now in. There is an increased likelihood we put in a bottom for the market. Good to watch to see how the market responds to corrections in the coming weeks.
javad.kamali.physics
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break?
Cryptosominac
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@javad.kamali.physics, good sign the bottom COULD be in... if it is we are beginning the accumulation stage, sideways movement for BTC and likely breakouts for selected altcoins. best to watch for volume confirmation (from BTC and altcoins) in the coming weeks to confirm this pattern / trend is valid and reversing.