BITCOIN MARKET CHANGING MORPHING - Crypto & Coffee #0089

BITCOIN MARKET CHANGING MORPHING - Crypto & Coffee #0089

By CRYPTOXICATE | Cryptoxicate | 19 May 2020


@CRYPTOXICATE #CRYPTOXICATE $CRYPTOXICATE
For me it has not change at all and Bitcoin has and MUST stay over the big descending triangle since it hit $20k, several events and reasons have push the price down and kept it under that roof top but trading above $9400 within a new channel over the descending triangle has put Bitcoin in the right position to brake out in the upcoming days, it may see ranges from $8000 to $8500 but we cant take out the possibility of any external situation or event changing this pattern and once again push the price back into the same downtrend,, it is very interesting how things are going to play out but if Bitcoin manage to stay above the descending triangle since $20 for the next 1 or 2 months it would be a very solid signal that the market is getting ready to change and get out of the bear trend

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CRYPTOXICATE
CRYPTOXICATE

Cryptoxicate is a Blog dedicated to every level of crypto enthusiast but most focus on new crypto adopters


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