second EDIT: We reclaimed 2200 with and continued to break out of upper . I am back to bull
Bitcoin is setting up perfectly during the weekend to make a very nice move it seems. But first a recap.
We had a super high crash and bounce where we went down and up 20% in a matter of days on 4x + normal (some exchanges over 6x+!!!) a lot of emotion to say the least.
Bit coin had a strong rebounce, with very few pullbacks to 2140, then based, and developed a stair case pattern all the way to 2333. Since then bitcoin has been flagging on declining bottom, with 2320 also signaling the point in which we first went off the cliff , suggesting we might be seeing a classic . On top of that, the handle is being developed on declining , which is a very strong sign.
So what i personally want to see if i was bullish: A break above green line with expansion with follow through above yellow line. Stop loss would be ready line, around 2177~.
As a bear I would be weary until comes back and goes below 2170 level w/ ..
overall the combination of , and a flag with declining makes me more than not, but regardless an exit strategy is in place.