BitcoinShort
BTC Descending Triangle
Currently overall bearish price action - possibility is higher for a break below and retest of Descending Triangle support.
If price breaks above & retests Descending Triangle -> bullish.
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Fundamentals = bullish
Price = correcting after major bull run
Long term = mooning due to new money entering asset class
If price breaks above & retests Descending Triangle -> bullish.
____
Fundamentals = bullish
Price = correcting after major bull run
Long term = mooning due to new money entering asset class
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.