Abstract: 🐻 Bitcoin is poised to break from a 4-hour bear pennant pattern, signaling a potential move to the $59200 area. 📈 This analysis explores the implications of this breakout, which aligns with the Shibunacci indicator, offering additional confirmation. 🔄 Introduction: Bitcoin's imminent breakout from a 4-hour bear pennant suggests a shift in market...
Hi dear followers, Based on my analysis on bigger picture, This drop is just a pullback before next strong leg up. It is just my idea and you must take your decision based on your own analysis. 58000$ can be a bottom for BTC IMO. To be sure about the end of this correction we need to see a breakout of Current descending trend line which I have drawn on the...
We will go tomorrow up. There is no question about that. This looks for me like a beartrap. Just like we saw in the 58k area, and the 29k area. Big move down, small consolidation, and the same way up and higher.