/biz/ - Business & Finance

>>6676707
Yes

>>6642776
To add onto this:
You can see a rising wedge at 13k as people who bought at 13k expecting to do a flip at 14k start to get fearful and dump. Eventually the bears overwhelm the bulls and the wedge breaks. This is why rising wedges often break downward.
Here's another example of a rising wedge before a big crash. When doing TA, you don't just draw meme lines and triangles on a graph, you take into account other indicators as well. So many shitters were drawing bull flags on the BTC graph and predicting it would go to 20k by the end of the month without accounting for other indicators.