BitcoinShort
Bear pattern - a 13k bottom?
Previously, I have mentioned that the descending triangle resembled the same pattern as the last bear market. Price did a fakeout and immediately dropped to a lower low. There is no guarantee, but an 81% drop seems very much possible. We are close guys. No one can tell exactly when or at what price will it bottom, especially being in such an unprecedented economic environment. Let us play the patient game and see how it plays out for the next couple of weeks, cheers.
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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.