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$BTC Bitcoin Descending Triangle Deja Vu! Will It Break Bearish?
Bitcoin has found itself once again in a descending triangle. The last time this occurred Bitcoin broke below $6,000 to $3,000.
This time Bitcoin will break down, but the descending triangle target is now $6,000 where it previous broke below to retest as support. This can either confirm the bull run, or send us back into bear market. Important price point.
Bitcoin flipping bearish while alts are in a bear trend will be harmful to the overall industry and market.
Trade theBTC highs and lows and short alts using PrimeXBT (ref link): primexbt.com?signup=76638
Donate: 36Xp6g5TVGMCx6YDsVEtu29Y9sv396XGbj
This time Bitcoin will break down, but the descending triangle target is now $6,000 where it previous broke below to retest as support. This can either confirm the bull run, or send us back into bear market. Important price point.
Bitcoin flipping bearish while alts are in a bear trend will be harmful to the overall industry and market.
Trade the
BTC highs and lows and short alts using PrimeXBT (ref link): primexbt.com?signup=76638Donate: 36Xp6g5TVGMCx6YDsVEtu29Y9sv396XGbj
CoinChartist is run by Tony "The Bull" Severino, CMT, a technical analyst fascinated w/ Elliott Wave Principle, Hurst Cycle Theory, W.D. Gann, Japanese Candlesticks, & other classical charting methods. Visit coinchartist.io for free TA education!
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CoinChartist is run by Tony "The Bull" Severino, CMT, a technical analyst fascinated w/ Elliott Wave Principle, Hurst Cycle Theory, W.D. Gann, Japanese Candlesticks, & other classical charting methods. Visit coinchartist.io for free TA education!
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。