BTC Bulls Paralyzed Like A Deer In Headlights

Decision time has come and the descending triangle resistance strikes again. Right now, BTC bulls are paralyzed like a deer in headlights. While there's obvious support, 7 straight days down would not surprise me. You see, people hold until the pain becomes too unbearable -- then they sell near the bottom. We will see if this pattern repeats itself once again.

snapshot
Chart PatternsTechnical IndicatorsTrend Analysis

Disclaimer