GutenbergNunes

Bitcoin repeating previous pattern and entering a huge triangle

BINANCE:BTCUSDT   Bitcoin / TetherUS
As we can see, Bitcoin can probably find support at the bottom of wave 2, as happened in the previous pattern. This pattern repetition could be giving rise to a huge triangle. The decrease in volume may be pointing to high volatility soon, as it happened at the end of wave C. If you use fibo, you will find the same points... but since it's Bitcoin, we can't expect anything. It can simply break out and start a bullish or bearish rally. Hope this helps.
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.