A much cleaner triangle

The picture for most might have been confusing when BTC starts bouncing with conviction and a lot of people hope that the new bull market is starting. I wanted as much as the next guy, but it's so clear that we are still bearish and will continue to be until we have a violent move to the downside. On the 3 advances you see within the triangle we first broke over the 200 EMA, then over the 100 EMA and now only over the 50 EMA. The price action gets weaker. The conclusion of this pattern is coming to an end and I expect a breakdown in the early days of October.

Good Luck!!!