Bitcoin has been trading inside a 1W Descending Triangle ( ADX = 45.132, CCI = 8.9271, Highs/Lows = 0.0000) that is currently neutral due to the price being close to the Lower High zone. This happens

Tension is in the air. Anticipation is through the roof and Bitcoin 3.51% is free falling! Well it was, before my idea got taken down. Lucky for me, now I can rewrite my idea knowing that we've just broke

Here is the Complex Inverted Head and Shoulders Bottom that has been developing over the past two months on Bitcoin. I have put a down trendline (channel) in blue that signals the weakness of the pattern.

I present to you here the Basic Tenets of Dow Theory, which many of my future posts will be based upon, (as well as some more modern methods such as Elliott Wave, algorithm trading, etc.). The cryptocurrency