(Noob trader here with my first analysis)
If BTC consolidates above the descending daily triangle, then I believe that we are likely to see another small pump to retest 8300 (which I think will fail).
If BTC breaks the bullish support line, then I think another massive dump to the 5600 support will occur.
-I think this is the most likely scenario to occur since the past several daily candles have been bearish.
If BTC consolidates above the descending daily triangle, then I believe that we are likely to see another small pump to retest 8300 (which I think will fail).
If BTC breaks the bullish support line, then I think another massive dump to the 5600 support will occur.
-I think this is the most likely scenario to occur since the past several daily candles have been bearish.