Most of the time when Bitcoin
hits the descending trend line
it is heading for now, it falls. We observed a positive break out earlier today but the question is, will the recent trend repeat and we see another upward break out, or will the longer term trend repeat and the price will slide?
Watch for the indicators to provide more direction as we get closer to this upcoming corner.
If the triangle holds up (probably will) I expect that Bitcoin
will react when it arrives in the corner.
$BTC $USD Coinbase