#BTC General Update #BTC is still not indicating any clear mo | Uptrend ~Signals

#BTC General Update

#BTC is still not indicating any clear moves at the moment and a breakout or down from this asymmetrical triangle will likely give us short term direction. Bitcoin is currently holding above the lower trendline of asymmetrical triangle which is very important for Btc to hold this level. If BTC fails to hold above this, price will start declining and breaking below this trendline can lead to easy crash till $27,500. Trade with tight stop loss.

On Weekly TF, So far it looks like $DXY gave a fake-out to the upside and rejected. If that is the case, bottom should be very near and relief bounce must come soon.