Bitcoin Triangle Wedge Type Thing 2018

Bitcoin has been forming a triangle wedge type thing for all of 2018. The tip is coming to a point and logically something probably has to happen soon, probably.

What would logically happen is a break up or break down from that pattern, allowing for a new pattern to be formed.

I’ve seen people try to draw the lines six ways from Sunday, bears like to find triangles, bulls like to find wedges, bears ignore the recent uptrend, bulls like to zoom into the uptrend. For me, it is just all these things laying on top of each other.

I drew that all on a chart for you and stuck a giant corn face on there. Thou art welcome.

Author: Thomas DeMichele

Thomas DeMichele has been working in the cryptocurrency information space since 2015 when was created. He has contributed to MakerDAO, Alpha Bot (the number one crypto bot on Discord),...

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