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RE: Briggsy's Bitcoin Blog - Tuesday February 20, 2018
Ah right on time. I usually read your sage words right before bed in EST north america land.
I may have dropped this simple chart on another of your posts but the overbought stoch on the 12 and 24 hour charts as well as this rising wedge were signs of corrections, while the guy on the other shoulder was telling me BTC was going to ignore all conventional wisdom and just moon again. Resisting the FOMO in this run of slightly more educated traders should mean for some MEAN profit.
Make no mistake, I am a BTC cheerleader and that price chart including the price this time last year made me do a lap around the office chugging my IPA. Imagine the conversations we will have next year at this time.
Thanks again....again.
Awesome, I'm a fan of the ipa's too, currently drinking a Mad Tom lol.
That chart definitely looks like a dip incoming. iirc the ascending wedge breaks out in a downward direction by only a small amount, so probably a nice time to buy some more once it does.