Bitcoin in potential Bearish Bat formation with 12k target

Hello family,

Yesterday we recorded massive breakout through major resistance level towards 10k8 and since then market have been settled above the price forming potential flag which will possibility break more upside. Looking closely on this idea, it resemble BAT play with possible target will be towards 12k before major drop begins.

However, the RSI is above 50 which signal potential bullish momentum is building.

Do note that this view have strong stop loss in place should incase market goes otherwise as we all know how difficult the market have been these days.


Kindly go through the chart and do leave us your comments to let us know how you feel about our view,

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Thank you.

Trade closed: target reached:

Price hit 11150 first target achieved

Trade closed: target reached:

price reached second targets 11592$

Trade active

Trade closed: target reached:

All target achieved