Descending triangle but is it really BEARISH ?!?!?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
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Descending triangle but is it really BEARISH ?!?!?

Descending triangle setup, bearish signal.
But im looking for a breakup to the upside due to trend.

The world wants bitcoin...less and less selling. We will see an uptrend all the way into Q3 with only small pullbacks..
+1 Reply
console jostitrade
@jostitrade, seems the altcoin markets , ETH and such are driving BTC price up... people want to buy ETH so they need BTC...
Bitcoins nothing new, nothing it didnt bring 4 years ago, its the altcoins that seems to be making the price go up.
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