Bitcoin Ascending Triangle Before the Next Bull Run!!
Bitcoin is currently in a little bit of depreciation phase,
but this is not like a something that called "dump",
rather, it's a stable price depreciation, and it's totally healthy for the market.
Bitcoin is going to touch to the trend line,
after that, the price should go up and maybe try to break over the recent all time high, 41k resistance.
But I'm almost certain Bitcoin should not break the resistance in the very next time,
most probably the breaking may fail, and go back down to the trend line again,
and gradually draw an ascending triangle, which is the sign of the next bull run.
// I'm not a certificate financial advisor. Note that trading is very risky and make sure your own research and risk.
but this is not like a something that called "dump",
rather, it's a stable price depreciation, and it's totally healthy for the market.
Bitcoin is going to touch to the trend line,
after that, the price should go up and maybe try to break over the recent all time high, 41k resistance.
But I'm almost certain Bitcoin should not break the resistance in the very next time,
most probably the breaking may fail, and go back down to the trend line again,
and gradually draw an ascending triangle, which is the sign of the next bull run.
// I'm not a certificate financial advisor. Note that trading is very risky and make sure your own research and risk.