Hi traders,
BTCUSD is in its correction stage after the big rise to 20K. As it can be appreciated in the analysis, it seems that it is in a correction of a contractile triangle style (ABCDE) in which it would be necessary to make a "lowerhight" more (point D) before finishing the pattern. Keep in mind that there is a shoulder-head-shoulder that gives great strength to the fact that the BTCUSD is going to make another minimum in the next months.
BTCUSD is in its correction stage after the big rise to 20K. As it can be appreciated in the analysis, it seems that it is in a correction of a contractile triangle style (ABCDE) in which it would be necessary to make a "lowerhight" more (point D) before finishing the pattern. Keep in mind that there is a shoulder-head-shoulder that gives great strength to the fact that the BTCUSD is going to make another minimum in the next months.