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
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out