Coming to a deflection point! Which way will Bitcoin go?

比特币 (COINBASE:BTCUSD)

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COINBASE:BTCUSD 比特币

trendanalysis chartpattern indicator btc btcusd btcusdforecast btcusdlong descendingtriangle btclong btcusdshort

We are finally here. Is this a descending triangle or a head and shoulders pattern. Either way I am locked and loaded. Would love your opinions and comments.

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Looks like we might know something in the next few hours. It could break upper trend line. Looks like we might retest recent lows and maybe set new ones if no buyers around 3100...

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If it can bounce off lower trend line we might have one more shot for the bulls. If it breaks I think it will be a flash move downward. Make sure you have stops set or move to tether.

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Well we got our answer!!!