JL_WealthandLoyalty

BITCOIN TREND REVERSAL/INV PENNANT OVERPERFORMED

Short
BITSTAMP:BTCUSD   Bitcoin
As I'm sure everyone's aware bitcoin has of lately shit itself, some could have called it before the fundamental onslaught it took earlier in the week through technical analysis like i did from $4680 in #Metalpays Telegram group whilst others are biting their nails struggling to get to sleep haha. Regardless off the INV Pennant geometry within the price action we have clearly broke the bullish trend structure with the Higher Low been taking out no long holding Support. Be cautious of the rally making a Lower High and don't mistake it for a continuation of the previous trend, too many people are going to do this and get caught buying BTC.
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