cryptotig3r

cryptotig3r

Bitcoin is forming descending triangle pattern with a possible breakdown of the lower support line. There is the potential to test 200-week moving average at the level of $ 5000-5500.

cryptotig3r Updated 

Dear crypto friends, The consolidation period lasted from the 26th of September 2019 after BTC broke down the descending triangle and fell to 8K area is about coming to an end. Analyzing the behavior of Bitcoin price during the year 2018 I see the same fractals and patterns that BTC repeats again and again . Local bull trend from 3K to 12K area has ended...