artinh

BTC at a Crossroads

BITFINEX:BTCUSD   Bitcoin
The next 24-48 hours could be decisive for the next BTC move.
BTC has been slowly grinding sideways at support on a descending triangle, the past few days.
Descending triangles tend to have a bearish bias and we could see a break below support.

A break of the descending trendline may lead to a nice bounce play but right now we're on the fence.

On the Bull side, Support could hold up, and we could see a bounce from here.
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.