jz2911

BTC in a bearish triangle

Long
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
I will have to join the bulls in this time.
BTC proved to have relatively strong support at 30k at 2 different occasions already, it could crab in the 30-33 region for a while or break the triangle immediately and start going up as seen in the analysis.
My idea is however mostly influenced by the rHodl ratio chart over at https://www.lookintobitcoin.com/charts/r...
It is not supposed to be the end of the bear season just Yet.
Trade responsibly boyos.