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BTC giant pennant decision time is coming soon. Watch out!!

By razorcat
On daily time, BTC formed a giant pennant. The decision time is projected around Sunday night 7pm Eastern time after the CME future market open. The incoming breakout can push the BTC either way. In short term, long target is 10800, short target is 9100. However, given the macro bearish descending triangle pattern, BTC is facing downside risk to sub 8k region in mid term. Long bet here should be excerciced with cautious in current market situation.


:This is my personal opinion, not finacial advice.
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razorcat

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