ImpactDLT

Danger Will Robinson! Will 6k BTC Support hold up?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
A continuation from last analysis with timelines drawn out a bit further.
We haven't had the large volume break out yet and that's what we need to get out of this stupid descending triangle .
Nothing much happened over the weekend, which is a bad sign.
These next few days will determine which way we go.
There's not quite enough shorts for a short squeeze either.
If you look at past charts of Nasdaq or even historical BTC , there's usually a large volume sell off before we move into sideways/bull trend.

We have not had that yet.

Good luck be safe, lock in your gains.
ImpactDLT
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