My analysis on BTC.
We saw previous a Bullish Flag Pattern that was broken and led to ATH prices.
We are now in the creation of a Bullish Megaphone Pattern.
We may see a drop on price soon, maybe next week January 29, since Fed rates will not be dropped.
After that maybe BTC will hit levels below the resistance line filling Liquidity orders and gaining future momentum.
Let me now what you think
We saw previous a Bullish Flag Pattern that was broken and led to ATH prices.
We are now in the creation of a Bullish Megaphone Pattern.
We may see a drop on price soon, maybe next week January 29, since Fed rates will not be dropped.
After that maybe BTC will hit levels below the resistance line filling Liquidity orders and gaining future momentum.
Let me now what you think
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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.
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.