FlyOnTheWallTrading

BTC/USD long term perspective

BITSTAMP:BTCUSD   Bitcoin
Best case, symmetrical(ish) triangle with next low around 4-5k. Worst case, descending triangle with next low in the low to mid 3k area.

Symmetrical triangle: flip a coin, this could break structure in either direction.

Descending triangle: 1k-2k within spitting distance when support breaks, return to 200-500 area not impossible.

Overall volume is declining.

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