Will the wedge in the Bitcoin chart break to the upside or downside?

작년

BTC 5.9.19.jpg

The price is being squeezed into this tight wedge pattern and there's likely to be a big breakout soon. If the bear market is over, there's not much stopping new all time highs soon. I'm still wary though, it feels a bit too easy and I wouldn't be surprised to see a bigger pullback before we get the next leg up. The two blue support lines would be where I might think about buying some more.

As usual. I'm just hodling my small amount of Bitcoin and I'm not gambling with money I can't afford to lose. Be careful trying to time the market, as not many people can do it well.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
STEEMKR.COM IS SPONSORED BY
ADVERTISEMENT
Sort Order:  trending

Congratulations @wayoutwest! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You distributed more than 11000 upvotes. Your next target is to reach 12000 upvotes.

You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @steemitboard:

SteemitBoard supports the SteemFest⁴ Travel Reimbursement Fund.

You can upvote this notification to help all Steem users. Learn how here!


Congratulations @wayoutwest!
You raised your level and are now a Minnow!

You can upvote this notification to help all Steem users. Learn how here!