Bitcoin has been moving in this massive triangle for a long time now so it will soon reach a decision time. The RSI is also moving in a clear triangle so it´s really just a matter of time for it to breakout.
Prepare for both scenarios but personally I tend to lean more towards a continuation of the bear market.
Cheers, Ben
Note
Sorry for the lack of updates will now be trading fulltime. And taking a look at this and my prediction the bear market did indeed continue, very heavily even. Since we closed even below the downtrending channel this can go deeeeep. Just posted a new chart on what we can expect next.
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