Only time will tell if bitcoin follows the red line and continues to go down, or if it follows the purple line and starts going back up, I believe it will follow the purple line into the triangle and continue its way up to the purple line which I hope it finally breaks and we moon this bad boy BTC but jst in case it doesn't and it starts to follow the red line down I placed a tight stop loss, just my thoughts not financial advice but I hope it helps so we can get a better understanding of BTC next move so we can place our buy orders and cell orders so we can accumulate as much BTC as possible while we wait and breaks trend and we moon
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Let's just wait to see where BTC closes and we can get an idea if BTC follows the purple uptrend line forming some kind of wedge or if it follows the red downtrend line
BTC is in a critical support line and has two options follow the red end line or follow the purple trend line up which im hoping far lets wait to see where it goes then we can decide what to expect happy trading guys