my previous chart was about bullness of bitcoin on 1hr tf candles. this chart is more for the next few weeks. nobody can predict the future trend of bitcoin, but this chart definitely makes it look bearish.
there are two options in my opinion. or, we follow the descending triangle which could launch us back into the ressistance sphere which we would then break within a week and we could continue the supermoon towards 3k+
the second possibility is that we break down the descending triangle before we could ever complete it. this would result in a drop back to the $1800 range.
lets hope for the triangle to work, unless you want cheap coins
there are two options in my opinion. or, we follow the descending triangle which could launch us back into the ressistance sphere which we would then break within a week and we could continue the supermoon towards 3k+
the second possibility is that we break down the descending triangle before we could ever complete it. this would result in a drop back to the $1800 range.
lets hope for the triangle to work, unless you want cheap coins