Corrected fib levels to log-fib. Fib levels between 2.618 (red) and 1.618 (blue) have indicated in the last 3 bull moves where resistance will be. Additionally, each bull wave completes after two higher lows (red lines) and two breaks of trend resistance (blue lines).
The last meaningful bull-moves have been consistently confirmed with the same wedge breakout and ends within upper ranges of the previous bull wave's fib retracement. The length of time each bull wave lasts has increased with each phase, however magnitude in % terms has been consistent in each move. #notfinancialadvice
Similar wedge setup to summer 2017 - this was one of the biggest shakeouts before BTC went truly parabolic.
A highly visible wedge like this will often not yield great investment returns as everyone is watching it.
A break of the lower end of the wedge would bring long term "end cycle" rhetoric and convince many away, although long term BTC should continue its...