Huge move incoming in next 1-3 days. I want to grab that falling knife @25k usd.
As in title possible head & shoulders pattern on low timeframe Bitcoin chart
In case of breakout we need to see retest on RSI 50 level 1D timeframe. That will confirm possible bullrun continuation. Otherwise crab market is more probably.
As in title, we need confirmation with retest of previous resistance, perfect long opening ~ 35,500 imo, NFA.
IMO Bitcoin will bounce from that support breaking RSI downtrend to continue bullrun.
As in tittle, we can see bullish divergence on RSI 1W timeframe, also candle need to close above gaussian channel.
My idea about BTC in coming week. Bulls are strong but we need a small correction (12-18%) to continue healthy bull run.