Yesterday I published an idea mentioning that we were about to brake down form a bear flag, sending bitcoin down to the are a of $9100 - $9200. (if you want to see how successful was that prediction, you can see it here tradingview.com/chart/BTCUSD/f7ZkQz5h-Bitcoin-possible-forming-a-BEAR-FLAG/)
Now, Bitcoin seems to be forming another Bear Flag that could send us to the area of $8950 - $8800, the only thing that is stopping it is that the volume is increasing significantly and that could break the bear flag via the top.
Keep an eye
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Now, Bitcoin seems to be forming another Bear Flag that could send us to the area of $8950 - $8800, the only thing that is stopping it is that the volume is increasing significantly and that could break the bear flag via the top.
Keep an eye
If you like my analysis please press the Like Button
Trade closed: target reached
Bitcoin reached $8950 over night as predicted.Now it seems that it might bounce a little.
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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.
Related publications
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.