As I have seen from other TA's Bitcoin is in a descending triangle and once that process is over I expect a bounce up. How long till a reversal? I hope this will hold until Monday night. I expect a fast fall down to one of the support areas, previous low 6400 and possibly further down to fibs -272 -414 $6100-$5900 once it meets some buying Volume we can break the top of the triangle trend line and head up.
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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.