I see a lot of bear flag / bear wedge talk on #Bitcoin chart but I think it's a stretch to call it that.


Not only that but the "wedge" (image 1) has already broken to the upside making it irrelevant.
I prefer the second image as the main look and I've been posting about it since it broke out at $73,500. Not only that, since price broke out of that we have a series of higher lows and higher highs. It's very clear to see. This is currently a locally bullish structure until it loses structure.
This is not blind bias. This is unbiased observation on what the price action on the chart is actually doing. Not what my emotions or any one else's emotions say it should be doing.
BTC0.77%
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