edgarpoe

edgarpoe Updated 

Just a thought, might be a bullish symmetrical continuation pattern.

edgarpoe Updated 

There seems to be an ascending triangle on the Weekly time frame, but it's all dubious rn. Just a thought

edgarpoe Updated 

BTC is currently in a descending triangle after a bull run, it's repeating. Yeah pretty self explanatory, idk about anything tho so take it with a grain of salt. Consider it an educational post about chart patterns maybe

edgarpoe

Using logarithmic curves by @quantdelic and my awful drawing skills, I'd like to believe that BTC could be valued at more than 30 mil by 2035. Ofcourse, this could be due to inflation (mass dollar printing, infinite QE, etc) or BTC taproot or more bitcoins being lost (currently standing at 33% of total supply lost) It doesn't have to be one or the other, actually.

edgarpoe Updated 

BTC is giving a very clear H&S pattern on the 1D timeframe indicating a possible short trade to 12K levels, if this is accurate BTC price could dwindle by almost 55%