This time we have an ascending wedge, at the moment waiting for a clear break for the next structure to be defined. Theoretically these patterns break down; but in Bitcoin everything is possible.
So far there is a slow decline towards 5800 - 5700 but there is a high possibility of flooding until 4800 - 4500.
By touching $ 8,000 Possible short scenario.
Regards, Updating Bitcon's current cash scenario, I see it transiting an ascending channel started from $ 645 @ $ 781 starting from yesterday a decline from its lower retest around $ 710 to settle at current levels of $ 773 to $ 760. In the idea of the possible projections for greater probability upwards, this is due to the fact that a pennant that represents...
Buena posibilidad de corregir un poco y luego observar si el soporte va mantener o no la tendencia bajista; para el escenario alcista seria un buen comienzo una vez finalizado el dip al área de soporte azul. Good possibility to correct a bit and then see if the support will keep the downtrend or not; for the bullish scenario it would be a good start once the dip...
Punto Objetivo esperado entre 9800 - 10200