Bitcoin: A closer view
Updated
When we zoom up a little, we find that Bitcoin has been in a falling wedge, which is bullish. Perhaps it will play out something like the above. RSI is falling on the daily. Overall I'd say Bitcoin just has a few more upward and downward movements in the wedge before it take's off.
Note
Note
The bottom green line of Support has not been broken since 2011. Bitcoin is getting very close to touching it. It follows the trajectory of my chart above it will finish correcting by October 31st.Note
Right on the money (no pun intended)
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