₿itcoin continues to struggle to reclaim the 9DEMA.
Is this a bearish pennant that will trap bulls?
Or will these higher lows lead to a violent breakout to the upside?
If PA can start trading within the POI above the .618 Fib then there’s a chance for a nice relief rally going into Christmas. Gut says it might breakthrough on the 5th attempt.
Confirmation will be
BTC closing above the 50MA and 50% Gann level.
Is this a bearish pennant that will trap bulls?
Or will these higher lows lead to a violent breakout to the upside?
If PA can start trading within the POI above the .618 Fib then there’s a chance for a nice relief rally going into Christmas. Gut says it might breakthrough on the 5th attempt.
Confirmation will be
BTC closing above the 50MA and 50% Gann level. 
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