bitcoin converted an M pattern into a descending triangle after getting a bounce from the neckline.
While descending triangle is bearish, and we are due for a bigger correction, bitcoin is unpredictable, and its better to wait until the confirmed breakout
While descending triangle is bearish, and we are due for a bigger correction, bitcoin is unpredictable, and its better to wait until the confirmed breakout
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Disclaimer
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.