Triangle could take $BTC price down to $3120 within 8 hrs, volume should pick up at that point and could take the price in either direction fast.
I expect to see a bounce off of $2950, a $1000 increase from there is not out of the question especially considering the short interest that is currently in play.
If the bulls don't step in in force around $3000 I expect to see a dramatic capitulation selloff down to $2200 with a V bottom that takes the price back to $3500 in no time.
I expect to see a bounce off of $2950, a $1000 increase from there is not out of the question especially considering the short interest that is currently in play.
If the bulls don't step in in force around $3000 I expect to see a dramatic capitulation selloff down to $2200 with a V bottom that takes the price back to $3500 in no time.