Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Elysian_ELY on April 12, 2018, 05:54:24 PM



Title: Bitcoin Breaks Decreasing Wedge Trend
Post by: Elysian_ELY on April 12, 2018, 05:54:24 PM
http://markets.businessinsider.com/currencies/news/bitcoin-price-spikes-14-in-less-than-an-hour-2018-4-1021289052

For the past week it has been very clear that bitcoin had fallen into what is commonly known as a decreasing wedge. To experienced traders this is very well associated with an incoming breakout. In this past week, the volume increased two billion alone with very little movement in the price to match. It is nice to see that it followed this trend perfectly. Good luck everyone.

Best Regards,
The Elysian Team