Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Morningstarr
on 18/08/2022, 07:39:14 UTC
Will that trend continue?

Source.

Personally, I believe that the trend is going to continue  until it stops continuing.


I think BTC is moving towards 18000$ again because this pattern is of a rising wedge If BTC consolidates its position at $18,000 and we hear good news about the global economy so this will be the bottom, otherwise the next target may be $13,000 to $12,500.