Bitcoin Bear Flags showing - Which way will it go?
I see two possible scenarios here:
1. Bitcoin decides to drop even more down to 6k due to
- Increasing amounts of bad press
- Price Manipulation
- Fear, Uncertanty and Doubt.
- MACD about to cross
2. Bitcoin decides to rally up to major support at 14k and break through to new highs due to
- Good news for it / Large announcement
- Renewed market strength
Please leave Constructive Criticism in the comments as i am fairly new to TA
1. Bitcoin decides to drop even more down to 6k due to
- Increasing amounts of bad press
- Price Manipulation
- Fear, Uncertanty and Doubt.
- MACD about to cross
2. Bitcoin decides to rally up to major support at 14k and break through to new highs due to
- Good news for it / Large announcement
- Renewed market strength
Please leave Constructive Criticism in the comments as i am fairly new to TA
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