Bitcoin broke down out of my ascending triangle yesterday. Big bummer. If we can't reclaim $64,000 soon, we're falling down into the 6 month descending channel to the $53k range. I'm out of positions until we either break up out of the channel, or touch the bottom and hold $52k.
Note
Broke down below $60k. Chances of hitting below Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.