We can look at this as an head and shoulder and it will be valid when we break the neckline. This will take us to $47,000
If bitcoin breaks this $50,000 here we come, if bitcoin fails to break up within 2 days in my opinion we can easily see $42,000 to $37,000
We can hit $47,500 and head to $42,700. 30 mins changing trend, we break $49,000 from here then we $54,000 asap!!!
If Btc breaks this trend line holding at $44,500, we could see $42,000-$37,000 next in the coming days before we take off to $55,000
Bitcoin is forming a falling wedge which breaks up likely than down, if this breaks up the target is at the top of the wedge $48,000
Imminent bitcoin bull flag break out will lead us to $49,000 cme gaps are in that region you can expect a 10% retrace when will fill the gaps or big moves
This break out to the upside takes us to $49,000-$50,000, down or up ????
Potential inverse Head & Shoulders about to play out, if this breaks!!! $54,000 target.
If $42,000 hold we can ride this to $57,000. If $42,000 fails, we enter from $37,000 if that holds