Tomorrow bitcoin needs to make a decision. Falling wedge target around 9.3-9.5k. Big resistance at ~9k due to EMAs from multiple timeframes.
Going down I'm expecting a double bottom, but we could reach the golden pocket of the bullrun from 6.5k, at 7650-7780
Going down I'm expecting a double bottom, but we could reach the golden pocket of the bullrun from 6.5k, at 7650-7780
Note
It seems my time schedule was slightly too tight but the price movements were spot on. We started to go downwards. If it doesn't drop further this could be a bear trap and the bounce will be epic.
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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.