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Bitcoin Is Coiled for a Big Move. But Which Way?
The bearish rising wedge broke in the expected direction with a huge move to the downside from 97,000 to 60,000. The new pattern is not as clear. Is is a bearing rising channel (bear flag), or is it a bullish ascending triangle. The latter is normally a continuation pattern in an uptrend. But Bitcoin is not in an uptrend. With fat crayons, I suppose one might draw another rising wedge out of this, but the cleanest technical draw is an ascending triangle. A monthly view might make things more clear. The weekly chart shows the rising wedge and a symmetrical triangle. The symmetrical triangle is a continuation pattern ... (full story)
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Many Countries, especially those who are affected by Iran’s attempted closure of the Hormuz Strait, will be sending War Ships, in conjunction with the United States of America, to keep the Strait open and safe. We have already destroyed 100% of Iran’s Military capability, but it’s easy for them to send a drone or two, drop a mine, or deliver a close range missile somewhere along, or in, this Waterway, no matter how badly defeated they are. Hopefully China, France, Japan, South Korea, the UK, and others, that are affected by this artificial constraint, will send Ships to the area so that the Hormuz Strait will no longer be a threat by a Nation that has been totally decapitated. In the meantime, the United States will be bombing the hell out of the shoreline, and continually shooting Iranian Boats and Ships out of the water. One way or the other, we will soon get the Hormuz Strait OPEN, SAFE, and FREE! President DONALD J. TRUMP
From fxdailyreport.com | Mar 15, 2026
Bitcoin ($BTC) has officially broken out of a symmetrical triangle price pattern. This notable breakout has reportedly triggered a renewed investor interest in Bitcoin. The respective breakout takes place following weeks-long $BTC consolidation. At the same time, the Ichimoku Cloud is serving as a robust support zone. Bitcoin’s ($BTC) latest breakout from ...
From parameter.io | Mar 14, 2026
Bitcoin continues to defend the $70,000 level on Saturday, March 14, maintaining stability even as geopolitical tensions escalated following U.S. military strikes targeting Kharg Island, Iran’s crucial oil export terminal. The digital asset declined 3.5% from Friday’s peak of $73,838 in the aftermath of the military action. While the retreat was swift, it ...
