This is a monthly Chart of Bitcoin and looks like a Cup & Handle or a Rising wedge is forming. One is Bullish and other is Bearish. Huge Potential for both of them. Who do you think will win?
Are you a Bull or Bear? :D
Comment down and check in the future.
Good luck on your Side guys ^_^
1) break down and then spike back up making it big bear trap
2) Retesting of the support line which is now turned into resistance
If case 1 is true then a HUGE bull market is ahead us!!
Or If Case 2 is true then a bear market again starts from here and we can see lower low price of bitcoin. Targets will be
a) $2900
b) $2300
c) $1400