BTCST seems to have broken out of its descending triangle with a bullish uptrend, which could be due to the upcoming pool launch today.
We have quite a lot of resistance floors ahead of us but if my prediction is true, the pattern will upwards could be in the movement of creating a cup formation up to usd 65. If that is the case, i.e. the pattern is in the movement of creating a cup and handle, we can expect a retracement after usd 65 for the formation of the handle pattern.
We have quite a lot of resistance floors ahead of us but if my prediction is true, the pattern will upwards could be in the movement of creating a cup formation up to usd 65. If that is the case, i.e. the pattern is in the movement of creating a cup and handle, we can expect a retracement after usd 65 for the formation of the handle pattern.
Comment:
We are still in recovery and it is not likely we will se an upswing until BTC finally tries for the next ath.
It is likely that BTC will shake more things up the coming days, so be prepared for a bumpy ride.