This is a pretty massive pennant/equilibrium. We have some time to let this get tighter but I wanted to get it out there for anyone not aware. I'll give more information on my expected price targets etc after the break upwards. If we dip below $99.79 we're most likely doing something other than this equilibrium.
Note
That pic was binance but same thing for the coinbase chart.Note
We are still in basically the same situation as my last update. We've technically broken support but its not getting follow-through. I honestly see this dumping past $99 if BTC doesn't see some upward movement to get it away from the $99-103 area. It's possible it could weather a BTC dump, but I don't see it as likely. $91-$93 would be the next support.Disclaimer
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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.