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CoinMajesty

Bitcoin consolidating in a flat bullish triangle pennant

Bitcoin / Tether USD (POLONIEX:BTCUSDT)  
CoinMajesty  
POLONIEX:BTCUSDT   Bitcoin / Tether USD
Trend Analysis Chart Patterns Technical Indicators BTC bullishpattern pennantpattern trianglepatterns Ascending Channel
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trendanalysis chartpattern indicator btc bullishpattern pennantpattern trianglepatterns ascendingchannel
It's clear that with a massive overbought RSI on the daily and the 4h charts, Bitcoin's fate for the following weeks is to cool down and to consolidate, giving room to altcoins to start moving up. Is it the start of an alt season? I think so. Until the consolidation ends and bitcoin starts moving up again.
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