Bitcoin bearish triangle is coming to an end

Bitcoin bearish triangle consolidation is reaching the apex

 

Bitcoin is testing the triangle upside resistance 21700. A rejection here will lead to another swing down in the triangle to challenge 19200. This is also the intersection of the triangle upside resistance and the falling trend line. Bearish continuation will then target important 10000-11000 zone.

Note: look for the short trade entries with the stop loss above 22000

 

Bitcoin  bearish triangle

 

 

 

 

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