Bitcoin :- Daily Perspective :- Descending Triangle
Bitcoin on the daily timeframe is within the same descending triangle we spoke about on the weekly perspective - whats more important to notice is how the 6k levels has held on for now.
Keep in mind the more you test it the weaker it gets.The major downtrend line will hence have to be broken to the upside to see any further bullish momentum
Keep in mind the more you test it the weaker it gets.The major downtrend line will hence have to be broken to the upside to see any further bullish momentum
Related publications
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.