The BTC price is on a long term downtrend and has stuck in a huge triangle which is on the verge of a sweet end that is the E wave and probably the last one, whats next?
So the following month will tell us
As the chart illustrates we are about to enter the 3rd wave of an impulse in the wave C of a corrective wave in the next few days.
However, our main trend is gonna turn downwards in the following month and keep on a downtrend.
Bear in mind that price changes will follow the rules of an impulse when they enter the 3rd wave.