As long as 100000 accounts are created on a single exchange in a weekend,bitcoin price will rise,even when the corporations try to influence prices by (bad)news,or dump some btc to create fear.Maybe if we are lucky 18mlj bitcoins are left in total.Do the math.Only way is up for now,long term.Trying to make money by buying low selling high just leaves you big chance of less btc in the end.Good luck though!
Cdglax1000316
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That looks more like a rising wedge (which is a bearish reversal pattern). Rising wedges are visibly different than pennants. For pennants, the line that you draw that forms the top/resistance side of the triangle shape cannot be angled upward --it most be either flattish or pointing towards the lower hemisphere of the chart. For rising wedges, the top line is the opposite --it points slightly upward to the upper half of the chart. If you look at charts, the top line (if drawn correctly) is angled upward.
boefje
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Make it 10k and you could be right;-),december and januari are best months for bitcoin,14k by end of january,8k second week of february...tip check asian markets.Buy in red never sell.I know i hodl!