Bitcoin | Should We Trade Now?

Bitcoin | Should We Trade Now?

Bitcoin is creating two different patterns that are not compatible with each other.

The problem and beauty of these models are that they are created in the same 60 min time frame.

The current problem now is why are these patterns in the same time frame and which one will work best?

To be honest this is one of those moments where it is better not to trade at all until the picture gets clearer.

The problem is that both bulls and bearish are fighting very hard and they want to gain as much space as possible.

However, I'm bullish on Bitcoin, and even if it moves below 19.2K that is still one of the bullish scenarios which I expected from the previous live analysis.

Thanks and good luck!