The next 48 hours is critical for bitcoin to decide on cycle direction.
Option1: break from the triangle and RSI trend line and show HH => Very high chance we go to the moon in Nov/Dec 2021.
Option2: Get rejected from the trendline and downtrend to 200 week MA starts, which actually its a very good accumulation opportunity and getting rich in 2024!
Option1: break from the triangle and RSI trend line and show HH => Very high chance we go to the moon in Nov/Dec 2021.
Option2: Get rejected from the trendline and downtrend to 200 week MA starts, which actually its a very good accumulation opportunity and getting rich in 2024!
Comment:
That RSI downward trendline is broken, hence this pattern is invalid for now, except its proven to be fake out :)
