This is very clear what is going to happen. Most of the traders thinks this descending triangle will breaks out and bitcoin will start new up trend but unfortunately this is not gona happen..
#BTC will breaks down this descending triangle and hit 5200-4900 to make people sell their btc because they will think that #btc is going to hell now.. Then Real investors will come in play and #btc will do reversal..
In the worst case scenario #btc will never go below 3000.
#BTC will breaks down this descending triangle and hit 5200-4900 to make people sell their btc because they will think that #btc is going to hell now.. Then Real investors will come in play and #btc will do reversal..
In the worst case scenario #btc will never go below 3000.