TradingView
SatoshiHQ
Jan 8, 2018 4:08 PM

Could BTC consolidate further before breaking up to 25k? Long

Bitcoin / DollarBitfinex

Description

Following on from tradingview.com/chart/BTCUSD/rZjGMhQK-BTC-looking-to-break-out-of-it-s-consolidation-pattern/.

As long as BTC can hold it's trendline around 13,800, we could see it consolidate further into a larger triangle pattern before breaking to the upside as previously anticipated. If BTC breaks below this trendline, this current analysis will be invalid and we will have to reassess to where it might end up.
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