Hello Traders,
Here is my latest analysis on Bitcoin. I have been studying this descending diagonal pattern for quite a while now. I believe the BTC Sell Off is losing momentum and it may run out of steam soon. The key of this analysis only depends on 2 things. First, the level $6,000 must hold and the level $7,800 must be broken successfully. If that actually happens, we could see BTC at $11,500 and even $15,000.
Cheers,
-Shogun414
Here is my latest analysis on Bitcoin. I have been studying this descending diagonal pattern for quite a while now. I believe the BTC Sell Off is losing momentum and it may run out of steam soon. The key of this analysis only depends on 2 things. First, the level $6,000 must hold and the level $7,800 must be broken successfully. If that actually happens, we could see BTC at $11,500 and even $15,000.
Cheers,
-Shogun414