Unlike most of Bitcoin's descending triangles that lead to lower swing lows, the measured move target for this particular triangle is approximately $75 higher than the swing low of around $6,526. I'm therefore remaining neutral while anticipating a final-ish flush out, as the measured move target of 8% could quickly develop into a or higher low scenario.
Breakout: 16th-21st December (after 75% of the triangle has completed)
Trade it at your own risk.
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We are also right at the apex of the descending triangle, that not only confirmed with a breakdown, but also reached the measured move target on 4hr and Daily charts - therefore imo remains extremely relevant. Expecting a big move soon.