Do repost and rate:
It is Saturday, July 18th, 2020 and Bitcoin is still worth over $9k USD
The price has been pretty stable for a while.
Volume has been extremely low for a long time now.
Bitcoin is inside of a huge wedge and fast approaching a big breakout that will only send it one of two directions.
It is at the top of this ginormous All-Time wedge.
Monday, July 20th, 2020 we might see the beginning of the storm that has been brewing for a long time now!
Congress meets up to try and pass more Stimulus for the US.
The Twitter Bitcoin fiasco this week has not caused the price to dump.
This is a spooky phase for Bitcoin!
It is truly as close to 50/50 as it gets.
There is no telling the future but one thing that is certain is Bitcoin will go one way or the other.
And it will be very soon!
If there is no action by the 20th it will continue to get closer and closer to breaking wedges at support lines.
Now, this is just my opinion of course but in this graph,
here is what I predict the pattern will be!
That's only IF it breaks this wedge and it is bullish.
Be 100% prepared for it to be bearish too.
This is the chart where the off-colored red candles represent what it might look like if it doesn't break upward.
This is an All-Time Wedge
Let that sink in!
So far we are 18 days into July and this candle has been sitting right smack in the middle of both predictions.
If this chart is true it will be hugely volatile for Bitcoin any time now.
If not in July, then definitely in August as this squeeze continues to wreak havoc on everyone's patience!
Thank you for reading, be safe, and be skeptical!
