Bitcoin Descending Triangle: Bullish or Bearish?

Aktualisiert
Bitcoin is forming a descending triangle on the daily, showing clear demand zone at 59k and a decreasing resistance. Could be a bullish continuation of the weekly trend. If BTC Daily closes below 59k there could be a larger retracement back to the 200MA, 43k.
Anmerkung
Correction: 48k
Trend Analysis

Haftungsausschluss