BTC - Correction in progress - Little consolidation - New triangle

Hello all,

We are currently doing a little consolidation in a new triangle and testing its bottom line :

BTCUSD.jpg

We should break that bottom line soon and continue the correction. However, that little test where I put that red circle could be also a head fake and sometimes we have this kind of pattern just before a break out in the opposite direction.

So I'm staying bearish and I think the correction should continue but keep an eye on the break out of this triangle because a break out UP could invalidate my prediction.

I wish you massive profits,
Cryptopassion.io

Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

Version française ici : [FR] BIENTOT