Something scary pattern has spotted on Bitcoin, bulls need to invalidate this else we will go down in my opinion.
If you remember my charts , i perfectly got the bottom on eth, almost 2x from there, now i observerd there is rising wedge forming on eth, also if bitcoin doesnt holds 45k level i feel like we will go down on eth as well
Perfect fakeout from the triangle , i.e. perfect bull trap , literally went to bottom of triangle , tried to claim the support at 37.4 & failed again , lets see where we go 25k or 45k
I think those are the resistance LTC will face , and i will look for those supports if it comes down
RIP bears ,this is the reason , you shouldnt over leverage in this market ,and keep your liquidation as far as possible one wick and you are gone
This is just for educational purpose, if btc goes directly for 42k this can be one of the possible scenario ,