BTC/USD Bitcoin bull market is definitely real.
Bitcoin bull market is definitely real and what ever "Double top", "Head & Shoulders" or any bearish pattern... the 4th wave of correction is now stopped by the $7,600 support!
1) If breakout by the South, it could be a fall down with an ABC corrective until the 6k for shopping time to buy in the dip.
2) If rebound with the incoming impulsive-5th-wave), the uptrend should breakout the $8,400 strong resistance for targeting $8,600-9,000k and a new 2019 all-time high for BTC.
(no trading advice here, only my own market analysis - beginner - shared with you and opened to any constructive comment).
1) If breakout by the South, it could be a fall down with an ABC corrective until the 6k for shopping time to buy in the dip.
2) If rebound with the incoming impulsive-5th-wave), the uptrend should breakout the $8,400 strong resistance for targeting $8,600-9,000k and a new 2019 all-time high for BTC.
(no trading advice here, only my own market analysis - beginner - shared with you and opened to any constructive comment).
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.