DSchutz

BTC - Tension Building

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
The base I've highlighted in my previous updates is still in effect. For the last 6 months there has been no development outside of consolidating price action and recurring patterns of trend line touches, followed by a retest of support. All this tension could be building up to an explosive move in one direction. Given that this is a descending triangle , the bias is to the upside. Not much more to add at this point. Watching closely.
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