BTC on the next days
Bitcoin / TetherUS BINANCE:BTCUSDT
BTC has been consolidated since two days in a triangle and formed a descending pennant . It’s just broke this triangle. Moreover, the RSI’s broke also its trendline. It’s very likely that continuation will be the next step for BTC (after the first leg down on 05th May.
I think the next stop is $34400. I think this price is a crucial and possibly a reversal point for BTC to be back to its yearly trendline. And why not a start of some thing big as in my previous post (see link below).
