Bitcoin showing some bearish signs that has me believing we have a pullback to $39K-$40K area to retest old resistance as support. Then shooting up to ATH and beyond. We broke out of triangle pattern upward on higher time frames 3 day and have yet to retest the support line even with that last drop. The support line if my pattern is correct would be that above area of $39-40K. MACD shooting down looking to cross down through the signal line and there will be Hidden Divergence on RSI if price does not drop more as shown.
Just my thoughts not financial advice.
Just my thoughts not financial advice.
Comment:
Went to Target of $39K-$40K but only made it up to $69k, did not go make a new ATH. Next bull run we shall see.