A potential bull flag has formed on the daily chart for BTC. What's important now is determining where the bounce will be.
I will be looking for a daily candle to create a new high before treating this pattern like a bull flag.
While looking at the Fibonacci set up, it is possible to see BTC bounce at the .382 Fibonacci level ($37,569).
I will be looking for a daily candle to create a new high before treating this pattern like a bull flag.
While looking at the Fibonacci set up, it is possible to see BTC bounce at the .382 Fibonacci level ($37,569).