The Crypto Market is bleeding since months, but in my opinion this is a healthy correction.
Every time after a coin growth very fast needs a correction. Mostly they are forming a Cup&Handle pattern. (As example tron formed it some days ago).
In my opinion the correction should end soon and we should break up the Triangle.
Its Possible that Bitcoin is...
Made this Chart before it reached 'D'. Wanted to upload it but at the time there was some problems with the upload, so i let it.
On my previous Chart:
Target 1 and Target 2 reached. So Target 3 would be 11k. This can still happen but i also think, it could also touch 'E' on the new...
I think today or tomorrow Bitcoin will break the Triangle.
In my opinion we will go up to 10200 and reach target 1. After it we will go down again to 8600. If it doesn't hold we will go back to my Target 2 to 7400. After it we will skyrocket up and break the 11200 (Target3) and the Bull market will start again.
Or I just talk bullshit :9 Good luck.