This is the last chance for Bitcoin, if we manage to break up inside this pattern, we still got a chance to breakout to the upside for the short time. The other possibilities, are either a re-test of the triangle bottom resistance and a confirmation of the breakdown or at last resource we are forming a descending wedge, which will take for time for a breakout for Bitcoin.
Stay vigilant, any trade without a confirmation of the direction is simply gambling, so if you are not hedging you are gambling.
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.
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.