As you can see, BTC has fallen back into the descending triangle that began forming in June last year. Whilst indicators point towards a buy, I am personally waiting for a clear break of the triangle and the apex point. No amount of TA is going to bring certitude as to what is happening right now. Play it safe, be patient. There is no need to rush in.
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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.