Bitcoin about to move up

I know this kind of goes against the idea I had in my last post but looking at the way this rally has progressed so far it has been a steep rise followed by a pennant, ie flag pole and pennant continuation pattern repeating. At the moment it looks like another pennant could be about to break upwards.

So, for a bit of fun, I predict bitcoin will push up to $739.41 in the next day or two …

Heres the chart with 1 day candles.

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6 thoughts on “Bitcoin about to move up

  1. Cool! Just enough time to withdraw my savings, my old age pension money, get a loan, and possibly get another mortgage on the house and buy a sh**load of Bitcoin. To the moooooooooooooooooooooooooooooooon!

    πŸ˜‰

    1. Hmm, I think it’s more “business as usual” and the usual lately is a daily drop and then pick up again.

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