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Average BIG triangle declines after breakdown $BTC

Average BIG triangle declines after breakdown $BTC

Average BIG triangle declines after breakdown $BTC

Average BIG triangle declines after breakdown $BTC

Bitcoin / U.S. dollar BITSTAMP:BTCUSD
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Average BIG triangle declines after breakdown $BTC

The Average large pennant breakdowns on BTC .. the average is a 51% decline for these big breakdowns. so fair to say 20k in the cards here. do we go that low i dont know but valuable to analyze these common shakeout triangles. This is where retail loses there position, and institutions come in and buy the lows before trending higher. Good luck friends.

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