Quote from: exstasie on September 05, 2019, 06:50:22 PM

Quote from: Harlot on September 05, 2019, 04:26:19 PM

That's a clear descending triangle and its primarily a bearish pattern

Yeah but it's not the most reliable bearish pattern. I won't be surprised if the descending trend line gets broken.

There was a small selloff after tagging the trend line yesterday, but we're still hovering right below it. Bears haven't been convincing, and the mystery trader on Coinbase who market buys into dump attempts was active earlier today:

Maybe the "mystery trader" may come back tomorrow and we would see what he will do to the market! Both the bear and the bull look weak and i am not seeing bitcoin fall to $8000 soonest. After the rejection from $10850 yesterday bitcoin only lose around 0.30% and the bear has not be able to bring it down much.