Bitcoin - downward or upward?
Updated
Here is my idea about bitcoin's next move:
I think the most likely BTC will continue this upward move until it reaches 12k. So I am expecting the price to breakout from this triangle and go higher.
If it breaks down, then I am expecting for a retracement and a retest around 10k.
Let's see what happen. What is your opinion about Bitcoin?
I think the most likely BTC will continue this upward move until it reaches 12k. So I am expecting the price to breakout from this triangle and go higher.
If it breaks down, then I am expecting for a retracement and a retest around 10k.
Let's see what happen. What is your opinion about Bitcoin?
Note
On 4h timeframe we found support on RSI so chances to go up from here are major.Best time to look for a short is when the RSI break thru support zone.
The above references an opinion and is for information purposes only. It is not intended to be investment advice.
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