Pretty sure we're now in Descending Triangle (bearish) as opposed to Falling Wedge (bullish).
If $6.1k breaks, there's only one line of support before we're hitting $4.9k.
Only saving grace is the green diagonal support that has held up so far (even today).
There's only so long that Bitcoin can keep making lower highs before we get a decisive break.
If $6.1k breaks, there's only one line of support before we're hitting $4.9k.
Only saving grace is the green diagonal support that has held up so far (even today).
There's only so long that Bitcoin can keep making lower highs before we get a decisive break.