Moment of truth for btc

Symmetrical triangle pattern in a downtrend would indicate that we see a break to the downside. Confirmation should come shortly, and a break down is likely to extend to the $2000-$2500 area.

Weekly stochrsi topping out, but macd crossing slightly positive. We're also hovering right above the daily 50 ema, and a break down/close below the ema with volume would further indicate bearish momentum. Waiting for confirmation.


Neutral with a bearish bias. Best of luck.