Bitcoin bigger triangle could be developing

23 mag 2019

In a previous idea i though bitcoin could go down to 7000$ if it would break out if the triangle on the downside. Well we broke down but we did not go to 7000$ (yet). If we can hold this level i think we can be pretty bullish since people are willing to buy at higher prices even if we drop.

Now we can start to speculate on a triangle that is forming on a bigger time frame. I'm still long on btc for the long term but i think that if we break this triangle to go lower we could easily see 7000$ or even 6500$.

I'm sending more money as we speak so i could buy lower if such a scenario would happen.

Tell me your thoughts, i'm i missing something?

All have a good day :)

peace

23 lug 2019

Trade chiuso: obiettivo raggiunto