We have had a huge sell off over the last 24hrs, now BTC is pulling lower highs and lower lows, meaning we could be going into a downward trend in order to build more momentum to push through and stay above the 10500 level. This is basic supply and demand.
Price has broken through and closed outside of the triangle. Im not in this trade. Im just pointing out that people do and can trade against the trend of the market. For me BTC has to much volatility, which is usually a good thing! However we can clearly see people / investor groups manipulating BTC on a weekly basis. So in my opinion i don't trade against the...