INDECISIVE situation for BITCOIN Bulls and Bears: Wait & See!
If BTC is stable above the midline, BTC has a very high likelihood to breakout the triangle and continue the strong bull trend.
The RSI looks in a decisive zone. Ranging and sideways in a couple of 6HR candles are likely.
There is a big CME gap at $23900, and there is a possibility it can be filled (but not always).
A breakout above the triangle is a solid decision to continue the uptrend.
The RSI looks in a decisive zone. Ranging and sideways in a couple of 6HR candles are likely.
There is a big CME gap at $23900, and there is a possibility it can be filled (but not always).
A breakout above the triangle is a solid decision to continue the uptrend.