BTC may be going lower than you think 14/10/2019
Updated
Looking at the daily chart BTC is in a descending triangle..
BTC entered it in mid Jan 2019 (at 13,786.41) and is staying within the guide lines pretty well.
The triangle is due to end in mid Jan 2020. (at 5,850.63)
If BTC stays within the triangle and breakout to the downside it could take us as low as 2K
if it breaks to the upside BTC will be making up for loss time...
I will be Keeping my eye on this and all buyers should be keeping their eye on it too..
You can really use this to your advantage...
Happy trading
BTC entered it in mid Jan 2019 (at 13,786.41) and is staying within the guide lines pretty well.
The triangle is due to end in mid Jan 2020. (at 5,850.63)
If BTC stays within the triangle and breakout to the downside it could take us as low as 2K
if it breaks to the upside BTC will be making up for loss time...
I will be Keeping my eye on this and all buyers should be keeping their eye on it too..
You can really use this to your advantage...
Happy trading
Trade closed: target reached
Target was reach 26th OctTrade active
Trade still open l miss took this chart for another chart...BTC is still within the triangle.. and still climbing down
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