jBoomYa

BTC Symmetrical Triangle on the Daily

COINBASE:BTCUSD   Bitcoin
BTC appears to be forming a massive symmetrical triangle on the daily chart. Watch for an initial bounce off of the bottom around 7K. If BTC breaks down from this formation things could get really ugly really fast.
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.