Bitcoin now forming a bearish pennant on the lower timeframe a techincal target of breakdown is somewhere between 18000-19000 which lines up with the CME gap at 18.5k.
Sometime in the next 48hours we will get a move , now normally major events in Bitcoin happen Saturday morning (UTC), why I have no idea but if I were to speculate ,I believe its best time to catch most poeple away from the charts , these moves happen between 5-6am here in europe .
London 5-6am
New York 11-12am
Shanghai 11-12pm
You can see that most of europe and the US are sleeping at this time but its mid day in china and they are ready to nuke the market while you are asleep , happened many times last year on saturday morning here in europe.
Take a look at 2021
Sometime in the next 48hours we will get a move , now normally major events in Bitcoin happen Saturday morning (UTC), why I have no idea but if I were to speculate ,I believe its best time to catch most poeple away from the charts , these moves happen between 5-6am here in europe .
London 5-6am
New York 11-12am
Shanghai 11-12pm
You can see that most of europe and the US are sleeping at this time but its mid day in china and they are ready to nuke the market while you are asleep , happened many times last year on saturday morning here in europe.
Take a look at 2021
Comment:
They will be holding this area for the next two days , most traders will get bored go to sleep then bang nuke!
Comment:
The triangle ends saturday morning 5am , cannot make this shit up lol.
Comment:
Nearly hit the target ,saturday morning like clockwork , only thing is not much of a nuke -_- , we might go much lower than 18k lets see
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