$BTC Bitcoin Descending Triangle Deja Vu! Will It Break Bearish?
Bitcoin has found itself once again in a descending triangle. The last time this occurred Bitcoin broke below $6,000 to $3,000.
This time Bitcoin will break down, but the descending triangle target is now $6,000 where it previous broke below to retest as support. This can either confirm the bull run, or send us back into bear market. Important price point.
Bitcoin flipping bearish while alts are in a bear trend will be harmful to the overall industry and market.
Trade the $BTC highs and lows and short alts using PrimeXBT (ref link): primexbt.com?signup=766...
Donate: 36Xp6g5TVGMCx6YDsVEtu29Y9sv396XGbj
This time Bitcoin will break down, but the descending triangle target is now $6,000 where it previous broke below to retest as support. This can either confirm the bull run, or send us back into bear market. Important price point.
Bitcoin flipping bearish while alts are in a bear trend will be harmful to the overall industry and market.
Trade the $BTC highs and lows and short alts using PrimeXBT (ref link): primexbt.com?signup=766...
Donate: 36Xp6g5TVGMCx6YDsVEtu29Y9sv396XGbj
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