Bitcoin traders who spotted this pattern could see $70,000 - but September has other plans
Key Points
- Bitcoin's falling wedge pattern could signal a price surge t...
September has arrived, and crypto traders are squinting at their charts like they're trying to read the fine print on a payday loan agreement. Bitcoin is flashing what looks like a falling wedge pattern, while Ethereum just flexed a 17% August gain that has Bitcoin holders questioning their life choices.
The Wedge That Could
Bitcoin analysts are getting excited about a falling wedge pattern - basically a triangle that suggests the price might shoot up like a coffee-fueled day trader at market open. Crypto Rover's September 2nd report suggests that if Bitcoin breaks above its upper trendl...
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