Two weeks ago, Bitcoin price set a record for its third-largest 24-hour gain in the young asset's short history, rocketing from $7,400 to $10,500 from low to high. If the pattern is indeed a descending triangle, the resulting breakdown could bring the crypto asset back to local lows, or potentially lower, reaching the bottom of a multi-month channel Bitcoin has been trading within. It still wouldn't mean that Bitcoin's chances for a bull market are completely lost, as even a deeper drop into the current multi-month channel would still be within a larger bull flag formation on monthly Bitcoin price charts. ...Den vollständigen Artikel lesen ...