There has been a battle on crypto twitter about who is right, when I first saw this pattern forming jul/aug it looked just like a descending triangle, nothing crazy. Then a slew of crypto TA's on twitter and youtube started to suggest it was a giant bull flag instead. With all the noise I made my estimate of a 80% breakdown to just 51%. But all the triangle pattern guys are proven right now.
Also you can see the breakdown forecast with the NVT indicator which I've started to add to my BTC daily chart.
I'm using this guy's script here:
He all us super longs should be super happy right now, easier to accumulate faster on Bitcoin :) we will see 6-figures in 2021-2022.
Also you can see the breakdown forecast with the NVT indicator which I've started to add to my BTC daily chart.
I'm using this guy's script here:
He all us super longs should be super happy right now, easier to accumulate faster on Bitcoin :) we will see 6-figures in 2021-2022.