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May 2, 2020 8:19 AM

BTC forming BULLISH pattern? Long

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

BTC looking bullish as of this moment we have 10MA holding as support at the current price 8809 forming also a bullish pattern which is ascending triangle if this pattern workout target test of 9000 regions. Trading below 8690 will change to bearish momentum to retest our next support ling at 8500-8400 region. Let's see where BTC is going to breakout or breakdown this next 24-72hours. Don't forget that bitcoin halving is coming this might push price going up and also a gap at 11710-11870 region.
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