BITCOIN Will Have To Make a Decision Soon [TRIANGLE FORMATION]

BTCUSDT Here with a perfect symmetrical triangle, which can go either way. We see both a support trendline and a resistance trendline, and the price is closing in on the final decision moment. Will the price go up, or will the price go down? Be warned, because sometimes these critical decision areas lead to high volatility.

The last option is that a decision is postponed, and that BTC will go into a BB Squeeze, lowering both in volatility and volume. Bulls and bears will wait on the sideline to go all-in whenever a decision is made, so keep an eye on any sort of sudden volatility or volume spikes!

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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!

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We've just gotten the confirmation of the bearish scenario. Quite a strong candle on the 15m, which also trigged the Abnormal Volatility Alert on 100eyes twitter.com/100...699977098862592?s=20

Bình luận:

Again, it seems like it's playing out exactly how I thought it would be, according to the bearish scenario:

Be mindful that if indeed the scenario plays out, there might be one more strong downwards candle to a level of around 5500 before we will see potential increases in price again.