This is a long term play for Bitcoin. It could be shorted to the bottom of the triangle then go long once it hit the bottom of the triangle that is a viable trading plan to accumulate more bitcoin at the end. I see Bitcoin exploding out of the triangle before the end of the year. Once that happens Bitcoin will resume its uptrend. This strategy will canceled if bitcoin breaks upwards off the triangle without toughing the bottom line first. I do think we will see a $6k Bitcoin again before it takes off. Time to accumulate and rearrange portfolio if needed to.
