BITCOIN - PLACE YOUR BETS,LONG TERM STILL BULL - CryptoManiac101
BTC / USD TA
As seen above we have come to major cross road with Bitcoin. We should either see massive uptrend pump in next few hours/days or we will see drop towards support of $10,500 and $8,500
Bullish scenario in form of bull pennant would take us to new year time high.
Bearish short term scenario would drop us towards $8,500 zone before we see further major bounce up. This scenario I'm liking more just because it would give us opportunity to have nice low entries, but since lately I've notices many expecting it to drop down, I'm keeping my mind open that we might get bear trap.
As seen above we have come to major cross road with Bitcoin. We should either see massive uptrend pump in next few hours/days or we will see drop towards support of $10,500 and $8,500
Bullish scenario in form of bull pennant would take us to new year time high.
Bearish short term scenario would drop us towards $8,500 zone before we see further major bounce up. This scenario I'm liking more just because it would give us opportunity to have nice low entries, but since lately I've notices many expecting it to drop down, I'm keeping my mind open that we might get bear trap.
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Comment:
It dumps or pumps in next few hours
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