Bitcoin will be testing the 9200 - 9400 $ range soon. Resistance levels have been getting lower and lower while support levels have maintained at around the same range for the past few months. This indicates a DESCENDING TRIANGLE pattern.
This is my prognosis. Once we see bitcoin test the 9200 - 9400 $ range there exists a possibility that it might sink straight to testing the 8k level, keep these ranges in mind. Keeping it simple and straightforward for ya'll. I don't need to draw fucking hieroglyphs like some of you only to get it wrong at the end, the chart speaks to me and this is what it's saying.
Facts dont care about your feelings.
This is my prognosis. Once we see bitcoin test the 9200 - 9400 $ range there exists a possibility that it might sink straight to testing the 8k level, keep these ranges in mind. Keeping it simple and straightforward for ya'll. I don't need to draw fucking hieroglyphs like some of you only to get it wrong at the end, the chart speaks to me and this is what it's saying.
Facts dont care about your feelings.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.