Looks like there’s a high probability (70/30) that the next move BTC make will take it down to ~$43k... Keep your powder dry this correction isn’t over..
Looks like Bitcoin will be seeing a major move in the next 2 to 3 day. I'm 70% Bullish, 30% Bearish. Trend is Bullish so I'm currently looking at long plays.. Don't get complacent, the trend is your friend until the end. So make sure to have an exit plan.. Best of luck everyone..
Looks like a potential head and shoulders getting ready to play out on the 4hr..
Possible in coming pull back after a dead cat bounce..
Looks like BTC could be forming a Head and Shoulders formation, before further action to the down side. Will The Bulls take over or are the Bears going to take BTC to 6500usd?
It's looking like BTC is going to break out in the next 48hrs. I'm looking at it as a continuation of the bear market..
It looks like an Inverse Head and Shoulders is forming on the 4hr chart.. If Bitcoin breaks through it could signal a run to 9k possible higher...If it fails to form then I will be looking to see it retest 6k.
Looks like Bitcoin is in a Rising Wedge pattern. If this pattern holds we could see some more short term Bullish gains.
Looks like a the Bears will be coming in force soon!!
Based on past performance the Bears will likely maintain control, until around 2500$. With the potential to see this trend continue until Q3 2019.
What happens next will determine if we remain in a bear market for a few months or if the bulls take back control.
Looks like Bitcoin is breaking the rising wedge pattern.
I don't expect to see this rise in price to exceed 4200$, before returning to new early lows.
Looking like 4200$ is holding. Possible if Bulls lose steam we'll see something similar to May 2018?!