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Is this breakout for Bitcoin and crypto markets looking more and more likely? BTC, ETH, BCH, LTC, and cryptocurrency news!
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Triangles are for playing music – ting ting – Keep throwing those darts at the dart board 50/50 to get the right call.
BTC will go to at least $15000 this Dec just out of FOMO.
if btc is bullish then im milionare, but guees i dont have milion, so it isnt bullish one bit
Hmmm… you really can't give any validity to that green price action since it was essentially created by a single entity on a one-minute candle. Your analyses seem to be lacking some basic knowledge of the Bitcoin market.
Still too early to say. Include the wicks in your triangle. About a day or 2 to go.
Here's a new TA term for you: Banksters coffin. Meaning a rigged market corridor for an asset …which lasts for years.
It seems to me that this position of bitcoin is coiling and I feel it will be more bearish for a little while before the motive move occurs. Only time will tell.
I'm just holding my TrueUSD bags til BTC hits below $5700 (hopefully $4500 or $3000). This range is barely profitable to trade in anyway, it's just too risky. Markets just like Current (A) flow towards the path of least resistance and honestly, we're going downhill based on market sentiment alone.
look at the 5 minutes candle… 1 trader made this big green candle happen yesterday… fake bull??!!
A breakout is a strong impulsive move above the upper line of the main triangle pattern. I see no impulsive move. All i see is a 1% up, which for BTC is absolutely nothing. And the volumes are close to zero too.
No. Retraction back into the 6500-6600 magnet zone, confirmed. Real bullrun starts in November when Bakkt goes live
Are you getting excited about these moves outside of the triangle?
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