BTC to breakout of multi year and multi week wedge
Updated
BTC forming large multi year wedge.
Also forming multi week wedge.
Current economic situation is dire.
More bailouts to potentially come.
This only creates more fear and uncertainty, and may lead to more "smart" money to get into the market.
If the market cap reaches 1T some day, investment funds and retail investors will take it more seriously.
This may rely on the likes of a Robin Hood for buying crypto, something easy, to drive up the markets.
I'm personally long, but long term, on crypto, but I could be wrong.
Also forming multi week wedge.
Current economic situation is dire.
More bailouts to potentially come.
This only creates more fear and uncertainty, and may lead to more "smart" money to get into the market.
If the market cap reaches 1T some day, investment funds and retail investors will take it more seriously.
This may rely on the likes of a Robin Hood for buying crypto, something easy, to drive up the markets.
I'm personally long, but long term, on crypto, but I could be wrong.
Comment
It broke out as I predicted directly after this.. around 20,000$ gain per BTC :)
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