BTC is forming a descending triangle in the weekly chart.
Possibly a bear continuation could result in lower lows, with targets at 10k
BTC needs a big volume spike to break the descending trend line. and form a double bottom in order to establish the bottom.
Possibly a bear continuation could result in lower lows, with targets at 10k
BTC needs a big volume spike to break the descending trend line. and form a double bottom in order to establish the bottom.
Trade closed: target reached:
Descending triangle finally broke down.