Description
⋅ #BTC (Midterm)
Bitcoin forming Ascending Channel in 12h Chart.
Volume has been Decreasing Since 12th May (Halving)
EMA100 (12h) Acting As Strong Support (9160)
If Channel Broken Down, Expecting Bearish Wave in Coming Few Days.
In Bearish Case, 7.4k Would be the Target.
In Daily Chart, Bitcoin Turning Bearish..!!
Daily EMA50 Getting Weaker.
Width of Bollinger Bands getting Very Narrow (Big Move Coming)
In Weekly Chart, Bitcoin Bulls Failed to Clear the Longterm Resistance..!!
Now Expecting Bearish Wave Before Next Bull Run & Triangle Breakout.
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