BTC - The Triangle

Bitcoin is currently moving in a triangle. If btc does a breakout , stops are at 16400, 19000. If it doesn't do a breakout most likely it will dip to the support.

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Update:

First resistance hit, expect a potential drawback.

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First resistance passed, 19000 in play.

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Update:

Found minor support at 15800, too early to say if it will hold.

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Sadly bitcoin is back in the triangle and the downtrend may continue , if you had diversified your portfolio and have usd, putting buy orders at 12650 would be a good move. (It may not reach 12k , but the buy order would make you get cheap btc)