Bitcoin

BTC Bull or Bear

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I have played with the chart, looking at a possible "Zone" BTC must hit in the next 5 days. I simplified it by omitting indicators and drawings not needed for explanation. As many of us already know BTC price is stalling, signaling a bearish trend ahead. However I have not given up hope that the bull market will continue. It is my theory that btc can still recover if it meets the criteria in my chart. If it does not then we will be testing our support levels all the way down to 44k or lower. I give it 5 days max to shake things off. With the weekend coming this will prove difficult. BTC must hit an ATH by May 4th at 10 a.m. Good luck with your trades everyone!

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