Bitcoin

BTC diamond

156
Hey everyone, heres another idea on BTC

On the 1 hour timeframe i have spotted this diamond pattern formation. It could be wrong and just break out to the previous support at around 26 800

Or we could see it bounce off and head towards 28200 area before back down to around 27400 before making the decision of heading down towards 25500 or up to the 30K area

Its currently below the 200ma and bouncing off the 21 simple

These levels also has confluence with R1 pivot and S1 pivot

will soon see what plays out

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