Bitcoin triangle within a triangle

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

GerardWalker

Price action is mirroring 2018 6k floor it seems as Bitcoin continues to move like a stablecoin

Therefore we can only assume price to be morphing a triangle flat for wave b of B

Expecting resolution of this triangle with subsequent move downwards until Late April- Early May

Possibly with some negative catalyst to fuel the decline

Stay safe bro’s

You might be interested in …

Trading View May 23, 2022

BNB: A PERFECT BOUNCE OR A FAKEOUT???

BNB: A PERFECT BOUNCE OR A FAKEOUT??? Binance Coin / US Dollar (calculated by TradingView) BINANCE:BNBUSD Dexter_The_Trader Hello and welcome to this BNB update in 3 hours TF. If you are viewing my post for […]

Trading View April 6, 2022

#BTC Next Move!

#BTC Next Move! Bitcoin / TetherUS BINANCE:BTCUSDT MosFLI In 12H timeframe, Bitcoin is on the support zone , if bulls lose control here we might see another leg down toward next support $39K-$38K In case […]

Trading View March 16, 2022

BTC worst case scenario forecast

BTC worst case scenario forecast Bitcoin / TetherUS BINANCE:BTCUSDT Honestcowboy This situation is very likely to play out on BTCUSDT pair. Looking at this doom triangle and all the uncertainty in the market this is […]