Bitcoin
Short

Bearish Bitcoin Analysis, BTC to $30K?

197
Currently Bitcoin is forming a bearish pennant on the 4H chart, for it to break this weekend or week is a possibility.
Within' the bearish pennant is also a Head & Shoulders pattern on the lower timeframes, as shown in the chart.

When the H&S pattern completely breaks, it could potentially break the bearish pennant on the 4h chart.

If price plays out this way, we could potentially re-test the 30K support level.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.