aaronaloyan

Likely BTC trend for upcoming months!

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Descending right triangle is still in play. Recent Rising wedge gives increased odds that BTC will get rejected at 7,500/yellow trendline and retest 6k or go down lower.
Exactly my thoughts sir, just another lower high in the downtrend for now.
We need a new low to turn the tides.
Only troubling thing is sooooo many people want it to be bullish that they are slowing down this proces of going down to a new low
+2 Reply
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