Descending Triangle on 4Hrs (240min) Chart is looking really ugly, there is now enough evidence to believe that Bitcoin might be heading down to $21-$22K as a TA target of the triangle. Unless the bulls take over within this week, we are going to dip really good to test 2017 all-time high (which is still healthy in my opinion), that would be the worst-case...
BTC Long off a triangle. Next target 48k-50k
Most likely brake is up. (next target $46K-49K.
I think that is fairly possible considering what happened in 2013/2014.
I believe it's going to break out soon within few days and possibly breaking all time high within 2 weeks. THIS IS NOT A FINANCIAL ADVICE