Andrey_Crypto

BTCUSD

Andrey_Crypto Updated   
BITFINEX:BTCUSD   Bitcoin
BTCUSD

The market is losing activity, the price has been falling for almost a year without a normal rebound, we can say that there is no one to shave. The price has approached the descending trend line, breakdown and consolidation above the descending trend line, a good rebound is possible, which will attract new money to the market. If there is a good bounce, it does not mean that the bearish trend is over.

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Comment:
#BTCUSD: Ascending triangle

Bitcoin has drawn an ascending triangle + 4 touches of a descending trend line. If you look at the book, then almost 100% the price will increase.

There are also many other ideas, mostly expected to enter the market, working against the majority.
I would rate 50/50 where the price would go. If you buy bitcoin, then for a small% of the deposit.
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