BTCUSD - Daily Outlook
Over the last couple of weeks Bitcoin has be trading in a sideways range consisting of a triangle pattern. Using time projections, we will have completed about 75% of this triangle pattern between June 2nd and 3rd. At that time we should anticipate price reuniting with the 21 day average which has not been checked in with since the 13th of May. After June 3rd we should anticipate price start to complete the E leg of the Bearish Triangle before breaking out in either direction. Current Bias us sideways to up.
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