bullish bitcoin trade if bitcoin is able to break the trendline which has been tested as resistance on many occasions recently
as I predicted GU is bearish this week, for the past couple of hours, it has been in consolidating I believe a break below the horizontal line will push the price further down, what are your opinions?
a break of 132.761 exposes 13.470, giving a +70 pip trade.
As we know GU has been stuck in consolidation for a while now, I feel like the uptrend is coming to an end and this could be a beginning of a 300+ PIP drop
technical analysis on what I think will happen to bitcoin, analysis done on the 4hr timeframe.