This could be an EW-triangle developing. Triangle on support level = bad!

A little hopium:

Could this be the bottom? Yes. Is it likely? No, because this is literally the only bullish count left... The fact that BTC is staying below the green indicator zone in a bull market should be a huge warning sign!

Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.

Please consider leaving a comment, like or rehive, if this post entertained you or helped you see things differently...

Have a nice day :-)

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