BTC is forming a symmetrical triangle
I published this post to correct the last post:
What bitcoin is shaping seems to be a symmetrical triangle pattern. The chance of break-down to break-up in this pattern is almost equal in a bear market (a 7% breakdown has a better chance)
The direction of breakout will determine the direction of the next short_time trend.
What bitcoin is shaping seems to be a symmetrical triangle pattern. The chance of break-down to break-up in this pattern is almost equal in a bear market (a 7% breakdown has a better chance)
The direction of breakout will determine the direction of the next short_time trend.
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