Hello fellas, let's make it quick and details about current bitcoin's price analysis.
Just like what you've seen, it's been a really low level of volatility in the last few hours and the price keeps moving back and forth between these resistance zone and the support trend line . The resistance zone is having the confluence with the 38.2 fib levels.
And with the higher low structure and the horizontal resistance zone , we can easily expect that this potential triangle will still hold true. Breaking out of both side could be expected whenever it comes near the APEX. So far, I'm neutral short term
Just like what you've seen, it's been a really low level of volatility in the last few hours and the price keeps moving back and forth between these resistance zone and the support trend line . The resistance zone is having the confluence with the 38.2 fib levels.
And with the higher low structure and the horizontal resistance zone , we can easily expect that this potential triangle will still hold true. Breaking out of both side could be expected whenever it comes near the APEX. So far, I'm neutral short term
