Theirs a good chance we will reverse soon, most likely around 9.6k - 9.9k zone. This reversal could determine if we are to break our 54-day negative regression and continue our 99-day regression upward.
Another possibility is we continue our 99-day triangle, reversing at 9.8k. Most likely not breaking till the end of this month or into early September.
A less possible outcome is we break our triangle support line dropping into the 8k zone.
Another possibility is we continue our 99-day triangle, reversing at 9.8k. Most likely not breaking till the end of this month or into early September.
A less possible outcome is we break our triangle support line dropping into the 8k zone.
Comment:
BTCUSD just broke the triangle
Comment:
There is a high chance that we could continue our trend into the 8k zone.
