Bitcoin is making Higher lows and a little Lower Highs in Daily chart/ Shows Buyers are buying on higher levels compare to previous low (Bulls are more and more sure) - But Seller are trying to sell at previous Resistance (They are not sure about the down trend)
and price is consolidating now.
BUT
It is making a continuation pattern (Rising Wage) - And Tells the Downtrend Will continue
if Bitcoin price break the lower trend line, it will get cheaper about 29,000 (WOW Nice place too BUY)
So wait for BTC to breakout the upper for LONG positions or lower trendline for SHORT positions/ Wait For it's retest the trend line or a pullback and Enter the market in the breakout direction (But get a candlestick confirmation before entering)
and price is consolidating now.
BUT
It is making a continuation pattern (Rising Wage) - And Tells the Downtrend Will continue
if Bitcoin price break the lower trend line, it will get cheaper about 29,000 (WOW Nice place too BUY)
So wait for BTC to breakout the upper for LONG positions or lower trendline for SHORT positions/ Wait For it's retest the trend line or a pullback and Enter the market in the breakout direction (But get a candlestick confirmation before entering)