As expected Feb. 23rd proved to be a bloody day. Many of us new to crypto experienced what it really felt like to bleed. However, it seems that we may experience something similar relatively soon.

Currently forming is a ascending triangle, however, we are still in the downtrend with price seemingly respecting the TL.

With all of the speculations of why BTC and ETH had a drop and the people involved, this chart may help predict an area of interest for which something of similar effect may happen.

Previous Analysis linked.
altcoinsaltsznBitcoin (Cryptocurrency)BTCChart PatternscryptoHarmonic PatternsTrend Analysis

These analyses are my personal view on the market.
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).

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