CobraVanguard

BTC Is gonna Reach 39k?Or Fake Break out Is gonna Happen?

BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello every one
BTC /USDT

BTC is in a Descending Triangle. This means The Price is gonna Be bearish If The Expected Bearish Break out Happens Soon! It can Fall Up to 40.5K! There is No break out yet So There is no Confirmation!There is a Small Chance That a FAKE bearish Break out Happens And Than The Bulls Would Take over! if this Scenario Happens, BTC can reach 52k Pretty Easily!

Summary:
-BTC is in a Descending Triangle
-No Break out yet
-FAKE bearish Break out Might Happen
-40.5K Is The Support & 52k Is The Resistance

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Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!

Thank you for seeing idea .
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