BitcoinBearSlayer

Bitcoin and the 30 minute Descending Triangle

Long
COINBASE:BTCUSD   Bitcoin
Good morning my fellow Bitcoinistas!

The 30 minute chart for Bitcoin is in a descending triangle. A break either way is entirely possible. I know right? Not much help. Often thought of as bearish, but also has some bullish potential depending on the market. With Bitcoin who knows?

Stay frosty!

For more info see: thepatternsite.com/dt.html
Comment:
A 1 hour look at what the Bears are doing...

Comment:
Falling wedge for Bitcoin. Is 24% enough for the Bears or are they still hungry?

Where are my Bear Biscuits?

Comment:
If they want to keep this up I'll have to stop feeding them cookies and start sticking them in the butt again with my blade.
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.