Bitcoin / TetherUS

BTCUSDT Daily Analysis => A decisive phase trend

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BTCUSDT

The daily analysis shows that BTC is forming a bearish triangle trend.
Here, we would have two possibilities :

1) if the BTC prices breaks the triangle in a uptrend move, then we would have a retest stage and then it could continue the bullish trend (As shown in orange).

2) If the BTC breaks the triangle in a downtrend move, then it would retest the lastest resistance and then continue its bearish move. (As shown in black).

We're facing a decisive stage of BTC trend.

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