Bitcoin Bulls Pray For Support

This chart talks about bitcoin within the last 5-years. The long-term style remains up as it includes spent a lot of the time within rising route (A) since 2013.

Bitcoin's rally noticed it hit the most notable of the route 7 months earlier and since that time it has generated some lower highs. While creating the low highs, some flat bottoms attended into play, building what is actually a bearish descending triangle structure.

At the moment, bitcoin is tests support and support is support until shattered.