dragononcrypto

Bitcoin's Descending Triangle Target: $24K (Mind The Gap)

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin's imperfect descending triangle currently targeting a measured move to $24K volume support zone . The $20K level of VPVR strong support also lines up with the logarithmic growth support trend-line. Short term looks bearish , long-term looks like a buy the dip opportunity before 6 figures.

Never underestimate the accuracy of Bitcoin's descending triangle measured move targets, if the breakdown is confirmed:


For alternative broadening wedge theory and bullish buy the dip scenario, see here:


Comment: Breakdown confirmed?

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