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CryptoFallen

BTC Descending Triangle like 2018

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Bitcoin (COINBASE:BTCUSD)  
CryptoFallen  
COINBASE:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators BTCUSD BTC BTCUSDT btcusdshort Bitcoin (Cryptocurrency) bitcoinforecast short Cryptocurrency crypto
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trendanalysis chartpattern indicator btcusd btc btcusdt btcusdshort bitcoin bitcoinforecast short cryptocurrency crypto
Pretty self explanatory, this descending triangle is looking to play out like November 2018, we are getting closer to the apex of the triangle. Generally Descending triangles are bearish continuation patterns. Why is the target so low, well the CME gap from 2020 is still open at around the $9k level as well... Probability...

This below was also the same scenario in November 2018 for BTC. It is now the 4th year cycle.
snapshot

Thoughts?
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