BTC is inarguably in a strong bearish trend ever since the bubble popped at 20k.. we're seeing lower highs and lower lows with no reversal in sight.
We have been bouncing up and down off the descending triangle for the past couple months and I believe a continuation in this trend is highly likely.
My next target on the ride down is ~5700 as that has proved itself as a strong support several times before.
Let me know your thoughts.
We have been bouncing up and down off the descending triangle for the past couple months and I believe a continuation in this trend is highly likely.
My next target on the ride down is ~5700 as that has proved itself as a strong support several times before.
Let me know your thoughts.