The 1D timeframe shows us that for far too long BTC's price has been riding under the 50MA and getting rejected, not to mention that we are running out of room in the triangle which is going to force a decision soon -- to go down (very likely) or range sideways (which is also likely.) The one thing this timeframe is not telling us is that we may go up. Going up is not in the cards.
The 3D shows us more independent info as well. We see that we are at the top of the triangle's downtrend line which has proven impossible to penetrate (not good if you want to go up.) Also, the magnetism of the 50MA is calling BTC down to the $9300 - $9400 area.
So for now in some of the most important timeframes, BTC is telling you that it is not done going down.
THE TREND: Going down still.
THE OUTLOOK: Unsafe to buy BTC but safe to buy top 10 marketcap alts.
Be safe and follow me to stay ahead of the curve.