Nutty_Trader

If Bitcoin Continues To Follow May Pattern

Short
COINBASE:BTCUSD   Bitcoin
If Bitcoin continues to follow the same pattern that played out in May, then this would most likely be the path it takes. To invalidate the May pattern BTC would need to break above $48,500.

The $37,000-$39,000 range would be a good entry for anyone looking to make a swing trade back to the $45,000 - $47,000 range.

Ultimately we should expect to retest the $29,000 - $31,000 range in the upcoming month.


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Just a reminder that this is not financial advice.

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