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Author Topic: Bitcoin Weekly Bull Flag and a Falling Wedge  (Read 122 times)
Whaleagent (OP)
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July 29, 2019, 05:48:04 PM
 #1

https://whaleagent.club/bitcoin-weekly-bull-flag-still-in-place/

It seems that Bitcoin not only is in a weekly bull flag but a descending wedge or falling wedge, both really bullish patterns. It seems that the long term is really bullish for Bitcoin.


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July 29, 2019, 06:28:25 PM
 #2



This is a game of speculation. Though there is a sign that this could go up for bullrun, RSI does say something else. The resistance is getting stronger that it already tried several times but failed to break out. I wouldn't mind to wait for months but bear market is not something that I can monetize. How low do you think it can go?

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BrewMaster
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July 29, 2019, 06:39:05 PM
 #3

The resistance is getting stronger that it already tried several times but failed to break out. I wouldn't mind to wait for months but bear market is not something that I can monetize. How low do you think it can go?

the "resistance" was only tested twice in reality. other than that we have been residing in a sideways market for some time now. and i wouldn't call this a "bear market" at all. we are still in a bull market that slowed down after a 300% rise in about 6 months.

There is a FOMO brewing...
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