Hello Friends! Going into the weekend, it can go either way.
On the bullish side, Bitcoin MUST take out 45K 1st. Then I see BTC moving up to test 2 levels (48.5K and 53K).
On the bearish side, if Bitcoin FAILS 37.7K then I see potentially 3 downside targets (34.4K,32.9K, and 29.4K)
As always thanks for your follows, likes, and comments. Let’s learn and grow together. Cheers!
*This information and publication is not meant to be, and do not constitute, financial, investment, trading, or other types of advice. Do your own research.
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I think I'm seeing a bear flag. IMO The current channel is building out the flag. This is on the daily, it'll take some time to play out.