I prefer not being Bearish on BTC but... I'm Bearish
We can see a Descending triangle formation on 4hr TF. I previously stated I´m waiting it on 6k and below. I just want to share right now that every one of each analysis a I´m doing right now, I am seeing a bearish sign or formation in every TF.
This triangle formation gives a target somewhere between 5.7 to 5.9k. So this can take less than 4 days to confirm, confirmation moment is near, Volume is still low, there is no buying pressure. I'm Bearish for the short and mid term unless something real bullish happens, like a market cap over 400k lol.
Good Luck!!
This triangle formation gives a target somewhere between 5.7 to 5.9k. So this can take less than 4 days to confirm, confirmation moment is near, Volume is still low, there is no buying pressure. I'm Bearish for the short and mid term unless something real bullish happens, like a market cap over 400k lol.
Good Luck!!