Hi there, Bitcoin chart showing some stability over the week, many people started to think that the market is recovering and it will be bullish in nearest future. Well I have doubts about it, so we calculating our probabilities to manage risks before taking trade decisions.
Look at chart now: it showing us Ascending Triangle, and price still developing inside it. So before breakout we can't take our long-term trade.
Look at Resistance lines they are Blue and formed with 2018 highs. Here we can see some short opportunities near it, approximately at 4400-4800-5200 levels (Fibonacci levels).
Indicator RSI now forming pattern similar to bear flag.