BITSTAMP:BTCUSD   Bitcoin
The possible breakout off this indicated symmetrical triangle on Bitcoin is the pattern to work with for the next direction on Bitcoin , with price finding resistance twice at 40k$ for 2 weeks now, a break below the triangle will send price lower to 28k$, the next level horizontal support, while a push below 28k$ will send price lower to 20k$ price tag, the all time high from 2017, which is yet to get a proper retest since 2017.

Disclaimer

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.