dcfonseca
Short

Still short for more some days until price breaks up resistance!

BITFINEX:BTCUSD   Bitcoin / Dollar
I can see two triangles on the chart.

Case 1 green triangle :
More likely. In this case scenario, we should see the price achieve the bottom between Feb 2nd - Feb 26th with a bottom range between $8700-$7700.

Case 2 yellow triangle:
I considered this case because I can see what can be a possible double bottom around 10k.
To confirm this case we should see the price bouncing inside the yellow triangle with a break up of resistance until February 2nd.

The decreasing of Volume is also a good indicator for both patterns!
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