benji13

Bitcoin Descending Triangle

Short
BITMEX:XBTUSD.P   Bitcoin
My target is the difference between the top and bottom of the descending triangle starting from the bottom of the triangle.
My target also coincides with the 1.272 Fib.

Yesterdays daily candle closed as a red 1 count rather than the green 2 count that we needed to be bullish. Every chance we get to be bullish is utterly destroyed. I still think we'll see 4k.

Hope everyone isn't getting too rekt.
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