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Lot of room to the upside

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jondoe
84
last yearSteemit

I expect this move to potentially be the start of a much bigger move

Bitcoin broke the downtrend and it also broke out of the falling wedge pattern.

These are not breakouts to be taken lightly and often are precursors to much bigger moves in the medium term.

Here's the wedge breakout btw:

image.png

(Source: https://twitter.com/rovercrc/status/1619709953106739200/photo/1)

I expect some throwback to the trendlines here (both the downtrend break or the falling wedge break) before the real move higher begins.

We had the impulse breakout that is likely close to running out of steem here before some pullback.

Once we have that pullback though, as long as it holds up above those trendlines, it's time to buy buy buy for the bigger move over the coming months.

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