BTC is triangulating above 0.5 Fib and just below the 4H MA50 with the circle formation showing a huge bearish movement might happen on break down while a break up could make it cross the MA50 !
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Lots of mixed signals with Market trapped inside a descending triangle. The 4H and 1H MA50 are just above. Our strategic plan is for a bearish run but never rule out any side: