BTC/USD - Critical 10 days for bitcoin!

Hi guys, BTC is finally coming to that time where we shall understand a little better where it is heading for.

When we look at the Fib re-tracement at every high of the chart we see that BTC continues to stall at the 61% level and go further down. That being said, we are also coming to the end of the triangle, will we finally see a breakout or will we continue to tumble? I believe that we have tested 5800 USD too many times already to go further lower. Therefore I am slightly more bullish then Bearish.

The next 10 days will be decisive, lets wait and see. Remember, DYOR!

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.