BigLava

BTC/USD Current view

BYBIT:BTCUSD   Bitcoin / U.S. Dollar
BTC has touched around 53,000 and 51,500 which printed a double top .

We are forming a falling wedge which is a bullish pattern .

If we break support ton the wedge , we can expect to possibly see the 45,000 - 44,000 zone.

Always wait for confirmation !

Comments

are you sure its not like that ......
+2 Reply
Ahmedvevo Ahmedvevo
@Ahmedvevo, and 4R macd ABOUT to cross down bearish. but i hope ur TA is Right bro . need to see more bullish moves in the market.
+1 Reply
HeyJonBray Ahmedvevo
@Ahmedvevo, I disagree, I think the institutional FOMO has severely jacked the price up (along with fiat printers running full blast and stimulus packages to working people).
Bouncing back to almost touch $53k was a test of where retail holders will take profits (~120% for those who bought and held in 2017, a fair appreciation on an asset youve taken a loss on for 3 years).
The trades taking place this year will help solidify who the big players in crypto are. A legitimate price correction would be nice. I want BTC to go on clearance.
+2 Reply
Ahmedvevo Ahmedvevo
@HeyJonBray well said ,,, but we still going for 46500 the green target 🤗
Reply
Ahmedvevo Ahmedvevo
Reply
the growth is canceled ?
+1 Reply
Nice job bro
+1 Reply
BigLava Venturao
@Venturao thank you
Reply
Nice chart and pattern ! ! ! !
Reply
Great set-up. Thank you :)
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