BullishBear08

BTC Bullish and Bearish Argument

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
As much as a Bitcoin bull that I am, I just don’t see it rising from here based on technical patterns. I can see the argument for three rising valleys. However, with no big catalyst in site, and it having a positive correlation with the stock market right now, it looks like it wants to head back down to $40-42k. Think we all see the bearish head and shoulders or double top that can develop from there.

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