AntoniaVie
Long

Descending Triangle

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
64 views
5
With most descending triangles we have a probability of a 70% breakout to the bottom.
Place your bets on table, but beware as in all patterns there are frequently fake breakouts to both the up and downside.
I don't believe the "halving effect" in just over 240 days has been priced in and that it can still produce a lot of hype.
Halving hype with recession FUD will drive the price of Bitcoin much higher.

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