The question for me was, why did Bitcoin stop now?
I came across this pattern when analyzing the weekly chart on a logarithmic scale
Bitcoin is moving in a rising wedge pattern.
If Bitcoin can break the pattern and get a reaction from it, it will rise to 5.618 fib
otherwise it will probably fall to 1.618 Fib
I came across this pattern when analyzing the weekly chart on a logarithmic scale
Bitcoin is moving in a rising wedge pattern.
If Bitcoin can break the pattern and get a reaction from it, it will rise to 5.618 fib
otherwise it will probably fall to 1.618 Fib