Bitcoin could be long-run bearish according to this expanding triangle formation.
D leg of the wave has been completed, price is going down to form the last leg of the triangle.
This possibility could lead to a bear run targeting the 30K level and may reach 15K.
D leg of the wave has been completed, price is going down to form the last leg of the triangle.
This possibility could lead to a bear run targeting the 30K level and may reach 15K.
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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.