Bitcoin Trading Analysis Based on MCMC Forecast.

By ratmrocks72 | CryptoPyramid | 7 May 2020


Rising Wedge Pattern?

Markov Chain Monte Carlo simulation has predicted rising wedge pattern that currently seems to be playing out on BTC-USD chart.

Peak of wedge predicted to land around May 12.

The forecast for this prediction was generated in November 2019 and has been analyzed considering recent activity.

Read more about rising wedge technical pattern here 

*This is not financial advice please DYOR

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