Triangle could take 
BTC price down to $3120 within 8 hrs, volume should pick up at that point and could take the price in either direction fast.
I expect to see a bounce off of $2950, a $1000 increase from there is not out of the question especially considering the short interest that is currently in play.
If the bulls don't step in in force around $3000 I expect to see a dramatic capitulation selloff down to $2200 with a V bottom that takes the price back to $3500 in no time.
BTC price down to $3120 within 8 hrs, volume should pick up at that point and could take the price in either direction fast.I expect to see a bounce off of $2950, a $1000 increase from there is not out of the question especially considering the short interest that is currently in play.
If the bulls don't step in in force around $3000 I expect to see a dramatic capitulation selloff down to $2200 with a V bottom that takes the price back to $3500 in no time.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.