BTC big triangle ranging on declining volume
If it breaks down I'd expect us to test the bottom again. Then again would need to reassess and see what the reaction is like before determining a or bias.
Indicators look on 12 hour and 1 day. on lower time frames as we correct.
1. Small pullback, and carry on to 3950/4k. Break down to 3/3.1k.
2. Small pullback, and carry on to 3950/4k, pullback to 3.8k which holds and we move up to break the triangle on to 5k.
3. We fail here and head on down to 3/3.1k (maybe we could bounce up again from the bottom of the triangle and try to head up once more but I doubt it).