Technical analysis by JackRichards1987 about Symbol BTC on 10/7/2022
https://sahmeto.com/message/3332744
Bitcoin Descending Triangle Breakdown
Neutral
Price at Publish Time:
$19,461.14
We are at the end of a descending triangle in BTC on the weekly/daily. I am expecting we drop suddenly then chop around in the $12k-6k range. Historically speaking the bottom should occur somewhere around the month of November which would coincide with a likely Fed pivot timeframe. Thoughts..?
Source Message: TradingView