Bitcoin is getting left behind Gold and DXY
Hello Friends!
Going into the weekend, it can go either way.
On the bullish side, Bitcoin MUST take out $45K 1st. Then I see BTC moving up to test 2 levels ($48.5K and $53K).
On the bearish side, if Bitcoin FAILS $37.7K then I see potentially 3 downside targets ($34.4K,$32.9K, and $29.4K)
As always thanks for your follows, likes, and comments. Let’s learn and grow together. Cheers!
*This information and publication is not meant to be, and do not constitute, financial, investment, trading, or other types of advice. Do your own research.
Going into the weekend, it can go either way.
On the bullish side, Bitcoin MUST take out $45K 1st. Then I see BTC moving up to test 2 levels ($48.5K and $53K).
On the bearish side, if Bitcoin FAILS $37.7K then I see potentially 3 downside targets ($34.4K,$32.9K, and $29.4K)
As always thanks for your follows, likes, and comments. Let’s learn and grow together. Cheers!
*This information and publication is not meant to be, and do not constitute, financial, investment, trading, or other types of advice. Do your own research.
Commentaire:
I think I'm seeing a bear flag. IMO The current channel is building out the flag. This is on the daily, it'll take some time to play out.