befunkt

BTCUSD Close-Up Action

BITFINEX:BTCUSD   Bitcoin
Likely the last test of this pattern happening now. Looks bullish to me, but we'll see what the bears have behind the front lines!

I've been zooming in to 15min, 5min, and last night for the first time, 1min to view consolidation patterns. Very interesting stuff! It seems like it can all be broken down into smaller triangle, flag/pennant, and cup / H&S patterns that, together, create the whole of the wedge or squeeze.

Cheers!
-B
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