Ascending Triangle ?

in bitcoin •  7 years ago 

On this latest Bitcoin chart it looks as if there is some sort of 'ascending triangle forming, whereby the horizontal resistance and the ascending trendline cut each other on 1 August 2017.

Short term, so chart is linear.

ascending.png

Wa ya think guys?

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There is ressistance level at 2900 and 3000.

Maybe it will hit 3000 and then fall back to 1500 ?

Well if i would know i would be a millioner but i can only speculate. I personaly dont expect this summer to go to 3000 unless something happens, some good news or something. Im waiting bitcoin to drop in august so i can buy some but that is just speculation.

  ·  7 years ago (edited)

If it was any other coin, i'd waited until it dropped to 2000.
But with BTC.. i don't know. It's hard to tell. I think everyone will wait for august news.
I just believe that it will be stable for now :d

I think in the summer its higher risk to trade with coins. Me personaly, im waiting for august to buy cuz i think its gonna be cheaper for most of coins. Good luck!

hard to guess what's coming ?