Tracking_Technicals

BTC Daily Chart Bears Last Push Before Bulls Take Off!

Short
KUCOIN:BTCUSDT   Bitcoin / Tether
BTC is forming A Descending triangle on the daily, it's a huge bear formation. The Price Target of the triangle being so slow to the 200day MA gives me a lot of reason to believe we'll see at least 35k. Maybe in a few days after the MA Catches up to the price target

On the weekly we had a golden cross on the 50/200 moving averages. So this being a final correction on the Daily is no surprise before things really get interesting

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