Dears,
Bitcoin is forming formations - that we know. Some of them are very bullish, some of them are slightly bearish. There is a question if we have "cup & handle" which is very, very bullish? If there would be a bounce from the neckline, there would be the third touchpoint for the rising wedge, which is a little bearish... ;-)
If there would be a breakup of "cup & handle" formation than target could be at least 90000... If breakdown of "rising wedge"... (I try to not think about...)
Best regards,
Paweł
Bitcoin is forming formations - that we know. Some of them are very bullish, some of them are slightly bearish. There is a question if we have "cup & handle" which is very, very bullish? If there would be a bounce from the neckline, there would be the third touchpoint for the rising wedge, which is a little bearish... ;-)
If there would be a breakup of "cup & handle" formation than target could be at least 90000... If breakdown of "rising wedge"... (I try to not think about...)
Best regards,
Paweł