Bitcoin / TetherUS

Short

BTC descending triangle

By BlackBirdTrading

Updated

BTC is forming a descending triangle, market is topped out and soon it will fall to 40k.

Yeah you heard it right BTC is not going to hold 45k support.

Note

Two perfect fakeout and again trading under the triangle bull trap in progress get ready for 40k

Note

The BTC is playing as we draw the picture

Note

BTC respected the market structure. Lets wait for pullback to baseline and lets ride the capitulation

Trade closed manually

BlackBirdTrading

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