Bitcoin's Symmetrical Triangle
Bitcoin is forming a symmetrical triangle on the 4H. As can be seen it bounced perfectly during the dump and I might be looking for a long opportunity somewhere in the green area. If we bounce of course, if not, it may offer a opportunity to short but I'll pass that one probably.
If we break up the technical target is around 68K, if we break down the technical target is at around 53K (which I don't hope for but wouldn't be something extraordinary)
Bear in mind that we haven't had a real correction ever since the 40K level of september ;)
Let me know what you think
If we break up the technical target is around 68K, if we break down the technical target is at around 53K (which I don't hope for but wouldn't be something extraordinary)
Bear in mind that we haven't had a real correction ever since the 40K level of september ;)
Let me know what you think
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