what will happen to BTC? Bullish or bearish?
Hi every one
Bitcoin / U.S. Dollar
there are 2 scenarios for BTC right now one is a bearish pennant which if the price would obey it,The price shall fall to 18K! because when ever a flag/pennant is visible the price can change as much as It's flag/pennant pole! there is a Hidden bearish Divergence (-HD) on MACD as well which is pretty Important for the bear market! but even In this situation there are signs of bullish movement as well ! as you can see also on MACD the MACD line is above the signal line which is a good bullish signal!
on the other hand there is also a symmetrical triangle as well which If bears manage to break It upward the price shall reach 50k soon!
in summary BTC can reach 50K if Elon Musk let it! otherwise BTC is gonna reach 18K. what do you think ? will bulls win or not?
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
Bitcoin / U.S. Dollar
there are 2 scenarios for BTC right now one is a bearish pennant which if the price would obey it,The price shall fall to 18K! because when ever a flag/pennant is visible the price can change as much as It's flag/pennant pole! there is a Hidden bearish Divergence (-HD) on MACD as well which is pretty Important for the bear market! but even In this situation there are signs of bullish movement as well ! as you can see also on MACD the MACD line is above the signal line which is a good bullish signal!
on the other hand there is also a symmetrical triangle as well which If bears manage to break It upward the price shall reach 50k soon!
in summary BTC can reach 50K if Elon Musk let it! otherwise BTC is gonna reach 18K. what do you think ? will bulls win or not?
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
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