BTC price is fluctuating within an ascending triangle that is within a symmetrical triangle which is within a massive falling wedge!
The ascending triangle is very close to the top of both symmetrical triangle and the falling wedge, which means that if we see a breakout of the ascending triangle it is very likely that price will also breakout out of symmetrical triangle and falling wedge formations!! Another supporting fact is that I noticed that right now as BTC surges ALTs actually tumble! This means that money start to flow from alts back in BTC providing further support for a bull-run.
As a counterargument, there seems to be a lack of volume and in addition Elliot's waves aren't complete.
In conclusion keep close look at this small ascending triangle formation and set stop losses.
Bien muy buen post
This one will be big when it happens. Nice graphing
Thank you very much, I appreciate the feedback)
Lets all hope
Lets pray and hope that Satoshi is religious)
Fingers crossed