In the weekly timeframe there is a Bullish Gartley pattern in which D point exactly sits on 18k range gap. The very important point here is that Bitcoin weakness is on 0.618 Fib retracement that is on the same range as X point (where Blue line meets Red line is called X point).
Suggestion: In this uncertain condition, it's better to have 50% of your assets in...
Hello again guys, hope you have garnered a lot of profit during this while.
Seems it's in a descending triangle. It's probable to hit the ceiling again and then break the triangle base and fall to 27 and then fluctuate between 27 and 40 for a long term ( White line ) OR breaks the triangle top and goes up to 57 ( Red line ).
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