Bitcoin bullish Pennant for BITFINEX:BTCUSD by kishan889

chartpattern bitcoin btcusd cryptocurrency

Bitcoin is forming a Bullish Pennant at Higher time frame and we also have a breakout
But No volume
It could be a Fakeout though

Comment:

Pennant still valid, there was a lack of volume, rising wedge and bearish divergence which made bears to step in and take control
This could be the last bottom before we break above 10k with much higher volume than before

Comment:

Bearish action on Daily

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