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
“If you think Investing is risky, wait till you receive a bill for not Investing!” Jim Rohn
REAL-TIME TRADERS EDUCATION! TRADER’S CLASSROOM ONLY $69 PER MONTH!