BTC is approaching the end of a triangle, and this is usually a continuous pattern But is this the best case scenario for Bitcoin? In my opinion, green scenario is best way to touch 100k in the long run.
Because there are reasons that Bitcoin's rise from this price is dangerous and will lead us to another Panic! 👇
2 of most important ones are in the 1w timeframe: 1- RSI is close to the Overbought range. 2- 21 Week EMA is a long way from BTC price.