Bitcoin's Descending Triangle Target: $24K (Mind The Gap)
Updated
Bitcoin's imperfect descending triangle currently targeting a measured move to 24K volume support zone. The 20K level of VPVR strong support also lines up with the logarithmic growth support trend-line. Short term looks bearish, long-term looks like a buy the dip opportunity before 6 figures.
Never underestimate the accuracy of Bitcoin's descending triangle measured move targets, if the breakdown is confirmed:
For alternative broadening wedge theory and bullish buy the dip scenario, see here:
Never underestimate the accuracy of Bitcoin's descending triangle measured move targets, if the breakdown is confirmed:
For alternative broadening wedge theory and bullish buy the dip scenario, see here:
Note
Breakdown confirmed?
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