SETTING BTC UP FOR A FALLING WEDGE

in #money6 years ago

Disclaimer -I am not a personal investment advice and/or a qualified licensed investment adviser. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational uses.

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Most agree that a falling wedge is setting up for a Reversal. However, based on a previous event that took place back in 2014 where the price of BTC went up over 1000% then dropping another 60%. I think the second chart on the bottom shows us what is more likely to happen in the upcoming future. We have more rumors coming out saying that BTC will go to these outrageous numbers. As much as I love crypto, I think we still have some way before we are back to our Bull market. Then again I could be wrong.

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