Bitcoin

Descending Triangle Breaks Bearish Accept For 40% Time Bullish

91
We usually think of descending triangles are bearish patterns as there is a 60/40 change in favour of the bulls. Accept one very notable time when sentiment from many analysts were expecting a 10K Bitcoin back in 2021, and we broke bullish to a new all time high. We have a similar pattern emerging now. Me thinks more likely to break bullish in the next week.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.