A descending triangle is formed and volume is very low. That means a huge move either way is expected. Inverted head and shoulders also formed which is a trend reversal signal! You should wait for the break either up or down and jump on the wave!
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Bitcoin's upside is very limited if any. We still see the price moving inside of the triangle while keeping a descending trendline. At this point a break down is more probable!
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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.