Bitcoin daily shows strength closing above the .382 fib. A retest and sell off from 10.9k is likely and would confirm the descending triangle.
If the descending triangle is confirmed and then sells of, breaking horizontal line support, I would be looking for a short to 8.8k. After that, 7.5k could become new support for another swing high.
If the triangle is...
First time publishing a trade.
Bitcoin will bounce in the 10,580 area due to converging support of the set-up trend line, the 200 period MA, and the .382 fib.
If previous resistance is broken, the price should reach around 11.2K at the .618 fib.
