BTCUSD ❕ before the test of the downtrend line
Bitcoin continues to move in a descending triangle.
Price has successfully tested 50EMA as resistance (4H TF)
BTC has broken up 200EMA (30m TF)
I believe Bitcoin may continue to decline in volatility, so I expect a decline after securing below the downtrend line.
Price has successfully tested 50EMA as resistance (4H TF)
BTC has broken up 200EMA (30m TF)
I believe Bitcoin may continue to decline in volatility, so I expect a decline after securing below the downtrend line.
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