LOG. Currently split:
Bull Scenario - Completion of Bullflag up to ATH - likely to continue it's march but possible bounce off $50k.
Bear Scenario - BTC just completed a retest of the break down from ATHs - two touches of resistance, monthly RSI currently looks bearish. This would lead to a lumpy drop in price - $20k target.
Sentiment seems to lean towards the bulls right now - bear scenario unlikely but not writing it off, possible through wider equity market sell-off.
B, HF
Bull Scenario - Completion of Bullflag up to ATH - likely to continue it's march but possible bounce off $50k.
Bear Scenario - BTC just completed a retest of the break down from ATHs - two touches of resistance, monthly RSI currently looks bearish. This would lead to a lumpy drop in price - $20k target.
Sentiment seems to lean towards the bulls right now - bear scenario unlikely but not writing it off, possible through wider equity market sell-off.
B, HF
