BlessedBlasphemer

Btc Has Created Descending Triangle

BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello Trading View Community

Btc Has Created Descending Triangle which is a Bilateral Pattern
We saw a fall towards 42 (which is demand zone in my mind)
if Btc loses this area going dawn to nearest support and we could see a bloody couple of weeks
but considering the situation & technical data of the charts i think scenario 2 is more likely
to happen.
that means BTC going to bounce back up from demand zone.

NOT A COMMERCIAL ADVICE
TRADE SAFE
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