BitcoinShort
BTC triangle and bump and run pattern
Updated
Volume is coming up and BTC has broke both the inside bar pattern and symmetrical triangle.
So far resistance at 10000 is holding.
Next levels of support/potential lows are at 8300 and 7500--sounds low but both levels would be consistent with rate of decline BTC has been experiencing lately.
We are also at a critical point in a bump and run pattern (below)...another leg down would put us in the run phase.
So far resistance at 10000 is holding.
Next levels of support/potential lows are at 8300 and 7500--sounds low but both levels would be consistent with rate of decline BTC has been experiencing lately.
We are also at a critical point in a bump and run pattern (below)...another leg down would put us in the run phase.
Note
bump n runNote
^i meant support @ 10000, it is not yet resistance
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