I think we might have topped out for the shortterm.
Just wanted to share with you briefly this descending triangle I see forming on the LTF.
Watch out, a descending triangle mostly forms as a continuation pattern in a downtrend.
BTC is currently obviously in an uptrend so be prepared for breaks in both direction, but imo some shortterm downside is to be expected.
Just wanted to share with you briefly this descending triangle I see forming on the LTF.
Watch out, a descending triangle mostly forms as a continuation pattern in a downtrend.
BTC is currently obviously in an uptrend so be prepared for breaks in both direction, but imo some shortterm downside is to be expected.