Potential Triangle structure forming, with a slighly higher probability for breakout to the upside. We are still in sideways in between resistance & support level. Higher lows are forming indicating interest to the upside, bitcoin has also reached fibbo retracement betwwen 61.8% & 78%. Trend to sideways to new trend. On the other hand, if bitcoin breaks key support levels we will see further sell offs.
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.