Since I have a preference for naked charts I have not traded bitcoin for a very long time (and there are finally good opportunities in the fx markets). But right now we're looking at a decent right angle triangle which normally signifies downside to come if we close below the base at approximately $9,500. See page 88 of Richard Shabacker's book.
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.