I think the deficit in my previous Bitcoin charts was that I was using past recoveries/bull-runs as a template for what was about to happen. Unfortunately, I believe the game has changed. We are still on a steep upward trajectory, and we will be increasing our pace on that incline that journey as it progresses. However, due to the speculative nature of the market, and the influx of new blood, I believe we will be seeing an extreme amount of volatility . To a point where we might be re-testing previous lows over and over again, while we still reach new heights. Here's my roadmap for the next few weeks. Please note that once the price hits a target, it could retrace to any one of the lower fan lines. At least that's my theory. Happy Trading, and Good Luck.
Domsax48
Yesterday on bitmex I voiced my suspicion that this could be a broadening wedge. Glad someone else spotted this possibility.
Balas