Bitcoin symmetrical triangle capitulation or....??

9 thg 6, 2022

BTC is currently sat within a symmetrical triangle. Breakdown will likely lead to a bearish retest of 28K before making lows in the 23K region. Break up would likely lead to a bullish continuation to test resistance at 34K which could open up to targets in the region of 40k

Shorts currently underwater from the false break down earlier this week