Bitcoin still bullish???

16 août 2021

HIi crypto lovers today i will be talking about bitcoin if its still bullish or we may see any drop further soon. so if we check my chart we are at 46400 levels which is acting as resistance for now if daily or h4 close above 48800 we may see price hitting 60k usd again to form another cup & handle pattern before dropping but if we kept on ranging at this area we may likely to see a drop upto 42k again if daily or hr today close below resistance . if daily or h4 closed below 42k next target will be 30k for bears and if we closed below 30k possible we be hitting 19k-22k but if we closed above 48800 go long for target 60k and you can short 60k for target 50k and we see overall performance above 42k is strongly bullish and forming pattern in cup and handle and please dont ignore divergence we might see fat drop at 60k. Good luck