BITCOIN: 75% CHANCE FOR $7600; 25% CHANCE FOR $12,000 THIS WEEK!
Descending triangle is coming to its point, and I predict it has a 75% chance of breaking down. If it does, look for resistance around $7,600. If it breaks out of the descending triangle, wait to see if it is a fake-out, and if its not look for a $12,000 
BTC price.
I'm placing a short at $9,600 and will adjust as needed. I'll keep this post updated as things progress.
Please LIKE and COMMENT to keep things going, and interesting!
BTC price. I'm placing a short at $9,600 and will adjust as needed. I'll keep this post updated as things progress.
Please LIKE and COMMENT to keep things going, and interesting!
Note
Wow! This descending triangle is holding perfectly till the very end. Let's see how this ends!Trade active
Updated chart showing new target--$6,300 between August 5th to 30th.
Note
Updated descending triangle:
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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.