Many people thought we are ready for a moonshot due to 200 Weekly Moving Average that sits right at 3.000 area. However, they are neglecting the fact that we are still on phase two of the fractal. BTC is not stopping yet, she just takes her time to play inside the triangle before she continues her way down to the abyss.
The fractal patterns fit in good with EW theory too. It is highly likely we will eventually see a dip under 3k which could mark the end of a long A or W corrective wave, which could coincide with a huge crypto rally. You can already see altcoins starting to "bubble" some which is a pre-pump in my opinion.
Crypto-Crapshoots
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That 2015 and 2011 ascending wedges are far from that. Ive seen others post this. It looks like your trying to fit a square peg in a circle. 2011, 15 are clearly not ascending triangle.... 2019 is def ascending triangle. I'm not saying it will break up. I just know Im closing my position at 4200 on binance. I'm betting on some short whales above that.