Bitcoin to 100k! Everyone keeps talking about it, but how are we going to get there? How did we get to where we currently sit?
Starting in December we had a steady increase in price with higher highs and higher lows, eventually forming a rising wedge and falling out of it in the beginning of April. Bitcoin needed to take a breath, and begin its next...
Bitcoin came dropped out of its bearish rising wedge pattern. To fulfill the pattern we will need to see price drop around 25% from the bottom of the wedge. This would have price finding support around 43K. The past two days after Sundays drop we have seen price consolidate forming a Bear Flag. If watch for confirmation around $53,300 as we should be able to...