Completion of triangle:We are possibly wrong!Bitcoin Daily Chart

비트코인 (BITFINEX:BTCUSD)

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BITFINEX:BTCUSD 비트코인

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We are on our way to complete popular triangular pattern. But where are we heading ? Thats the real 6500USD or 12000 USD question. In my opinion this time we are making a small mistake . The popular opinion is that upon completing the pattern we will be heading upwards and possibly it will be a start of new ATH Btc price. But i think we are making a mistake and possibly we will visit 6500-6000 level before we move upwards and the reason for that will be posted in the pics below. But i will leave it on time and people to decide which way they want to take btc. although there are many supports and resistances in the the chart above, but these are the final high and low for the upcomming bitcoin rally in my opinion. And i am not saying that this will be final btc high and we will visit 7000 level again but that highest point mentioned in the chart will be the point where bulls will be exhausted for the time being and we will will see a pull back at that point. Please Press LIKE if you appreciate my humble work. Thanks

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Last Triangular Pattern