Like it has been in the past, after consolidating triangle, decreasing volume and volatility, hopes of hopeful first must be broken completely. Then and only then the climb will start again.
Note
After a fake breakout to 10200 even larger volume followed dropping BTC to 9500 on July 27th morning eastern time.Note
Sept 24, 2019 BTC hit $8000. Hmmmm. I was wrong with timing. But this pattern of triangle and abrupt drop in the end seems to hold true just like in the past.
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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.