Bitcoin / TetherUSShort
Bitcoin under lots of bearish pattern and pressure.
Bitcoin: Treading Carefully Amidst Intensifying Bear Pressure
The world of Bitcoin finds itself amidst a challenging phase as it contends with mounting bear pressure. With the presence of both a rising broadening wedge and a small head and shoulder pattern, there are indications that lower lows may be on the horizon in the days to come. It's a critical time for Bitcoin enthusiasts and investors as they monitor the market closely, strategizing to navigate these potentially turbulent waters.
The world of Bitcoin finds itself amidst a challenging phase as it contends with mounting bear pressure. With the presence of both a rising broadening wedge and a small head and shoulder pattern, there are indications that lower lows may be on the horizon in the days to come. It's a critical time for Bitcoin enthusiasts and investors as they monitor the market closely, strategizing to navigate these potentially turbulent waters.
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.