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massfocus

Descending triangle on Bitcoin on the 5 & 15 minute clearly.

Short
Bitcoin (COINBASE:BTCUSD)  
massfocus Updated   
COINBASE:BTCUSD   Bitcoin
Chart Patterns Bitcoin (Cryptocurrency) Cryptocurrency
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chartpattern bitcoin cryptocurrency
A big newsday for $btc and crypto in general, with Tether losing its USD peg and Fidelity announcing it's Digital Assets custody solutions company on the same day. Mixed emotions and a volatile day.

Still it looks like a clear descending triangle forming on $btc atm, with a target towards yesterday's range of 6200.

Trade safely out there in the wild west of crypto land.
Comment:
It broke out bullish! :D
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