After all the FUD, Fake News and Jamie Dimon comments we are probably going down.
Also, its the 5.5 day after the last dump in a cycle that has been on repeat.
**This isn't a serious analysis. Obviously **
We seem to be in a rising wedge with dumps happening every 5.5 days with support bounce on trend line.
I reckon we could hit $5200 - $5300 and then doom town.
Let's see what happens, perhaps I'm only seeing patterns I want to see :D
*** Update to last chart ***
Sort of new to this platform so I'm not sure if I can draw old older charts?
BTC broke the channel sooner than expected and it hit resistance at a larger channel @ about $2420. It's on a new trend line and forming mini bull pennant, if it breaks this it should retest the bigger channel between $4200 and $4210. $4000's seem to be...