BTC inside in downward channel, heading for 7K in 3 days
As you can see, BTC is forming a big symmetrical triangle. At the moment, it's in a downward channel inside that triangle and there's really no reason for it to turn around just yet. If it stays on path, it should reach precisely 7000USD by the 28th May (EST), which means it might go up a big before than but it's going to be unstable.
Hopefully the triangle will break upwards, however it might continue zigzagging like this a few times before it makes up it's mind!
Hopefully the triangle will break upwards, however it might continue zigzagging like this a few times before it makes up it's mind!
