BTC continue to respect the descending side of the redrawn bearish triangle.
However, look to some points:
1) the price is compressed between the "downtrend line 1" (the descending side of the triangle before the triangle redraw) and the descending side of the redrawn bearish triangle (see related ideas to see the redraw of the bearish tringle).
2) since the last touch on the 9.1~9.3k support zone, BTC formed a short term upside trend (green dotted line).
A big move is coming and maybe the clue is the movements on cryptomarket (notably: XRP: +11% and ETH: +8%).
However, look to some points:
1) the price is compressed between the "downtrend line 1" (the descending side of the triangle before the triangle redraw) and the descending side of the redrawn bearish triangle (see related ideas to see the redraw of the bearish tringle).
2) since the last touch on the 9.1~9.3k support zone, BTC formed a short term upside trend (green dotted line).
A big move is coming and maybe the clue is the movements on cryptomarket (notably: XRP: +11% and ETH: +8%).
