The Path of Bitcoin
As we can see on the daily chart, bitcoin is moving in a descending triangle.
Bitcoin need to break out of this triangle in a upside way to remain bullish. A downside breakout means bearish and may take a while to regain profits again.
This is no financial advice, but I think this is a strong possible scenario.
What do you guys think?
Bitcoin need to break out of this triangle in a upside way to remain bullish. A downside breakout means bearish and may take a while to regain profits again.
This is no financial advice, but I think this is a strong possible scenario.
What do you guys think?
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