After breaking out of the descending triangle, bitcoin could regain its previous bullish pathway. This would have bitcoin moving to $50,000 very soon where it would likely meet heavy resistance before pushing past it.
Note
**UPDATE** Market Cipher green dot appeared today on the Daily candle! This marks the low-point of the next few weeks at the least. This is a small dip in the next big run. (WARNING: Amateur Opinion Only)
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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.