Bitcoin is in a big descending channel, a trend. Also, there is a little uptrend channel inside. We are in a zone of premium Fibonacci levels for the bears now. I see an expanding triangle pattern. BTC will test the upward resistance line. It will be the 5th touch, after which we await a trend reversal. I expect some accumulation in the classic conditional triangle. I think there will be a downward breakout. Volumes are subsiding.
Best regards,
EXCAVO
Best regards,
EXCAVO
Comment:
the last few months on tuesday the market has been falling
Comment:
break out this formation
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