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Bitcoin Bullish Barrier Triangle Formation.
BTCUSD
, 1D
Long
BTCUSD: Bitcoin Bullish Barrier Triangle Formation.

I understand the current bearish sentiments but I've observed a possible bullish ABCDE barrier triangle forming on the Bitcoin daily chart. Would love to know your thoughts.

Bear flag pattern
BTCUSD
, 1D
Short
BTCUSD: Bear flag pattern

The structure forming since we had our last top correlates to a possible bear flag. There's a high probability we'll approach the top of the ascending channel one more time before finally breaking towards the $29-30k region.

Descending Triangle
XBT
, 240
XBT: Descending Triangle

If we don't break the current $5,800 support in a few days, we'll be seeing a bull trend.

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