Irneh

Could go either way, but remains long term bearish.

Short
BITFINEX:BTCUSD   Bitcoin
Looking at the chart, BTCUSD will be exiting its second symetrical triangle shortly, a downside breakthrough could take it furhter down to 4.5k, an upside breakthrough would see a rally to the level of the previous triangle above 11k. In this bearish market I tend to think it will go down.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.