Bitcoin's Descending Triangle Target: $24K (Mind The Gap)

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Bitcoin's imperfect descending triangle currently targeting a measured move to 24K volume support zone. The 20K level of VPVR strong support also lines up with the logarithmic growth support trend-line. Short term looks bearish, long-term looks like a buy the dip opportunity before 6 figures.

Never underestimate the accuracy of Bitcoin's descending triangle measured move targets, if the breakdown is confirmed:

BTCUSD: Measuring The Move of the Descending Triangle Breakdown


For alternative broadening wedge theory and bullish buy the dip scenario, see here:

Bitcoin Accumulation Zone: Buyers vs Sellers


註釋
Breakdown confirmed?
Chart PatternsDescending TriangleTechnical IndicatorsLOGARITHMIClogarithmicgrowthmaribbonTrend Analysisvpvr

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