BTC - Possible Reversal Point
Updated
Bitcoin has reached a critical point where it can make a bigger correction or move back up.
Confluences:
• Price has reached a level where it has completed an ab=cd pattern;
• 3-touch trendline confluence;
• Bullish divergence on multiple timeframes.
If the tides turn: Target 1: 23.000$
Target 2: 32000$
If we break below 8.7k, than hold tight.
- Nepjipmoktusem -
Confluences:
• Price has reached a level where it has completed an ab=cd pattern;
• 3-touch trendline confluence;
• Bullish divergence on multiple timeframes.
If the tides turn: Target 1: 23.000$
Target 2: 32000$
If we break below 8.7k, than hold tight.
- Nepjipmoktusem -
Note
We are at 8.7k: its either going to make, or break. We have a fully completed ab=cd right now, currently sitting at 8.7k
There are enough confluences which make me believe we might turn; time will tell
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