BTCUSD - The red is the bottom
We might start a slow reversion in the next month until the end of the year.
Note
We break the previous top without making a new bottom. This is another indicative of a reversal.Note
It will not be a surprise if a new triangle form... Need a few more days to validate this pattern, but here is a preview of what I think might be possible.Note
On a closer view, we are breaking a flag... but the volume is not present yet. People are steel bleeding after fall so much, so they need to see a more consistent pattern to jump in again. Without volume, this closer pattern might mean nothing, but in the big picture, the call remains on track!
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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.