Dec 29 2020

Bitcoin Price Analysis: BTC Inside Descending Triangle – $24K or $28K Next?

in blog CryptoPotato
original entryBitcoin Price Analysis: BTC Inside Descending Triangle – $24K or $28K Next?

Bitcoin price has fallen under the psychological $27,000 level today and is now tracking inside a descending triangle pattern on the 4-hour chart. These patterns form when the price consolidates between a sloping resistance and flat support (yellow lines). It's usually a signal that bearish momentum is increasing and that the flat support will be […]

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