I called for break yesterday, but it seems we are in part of a larger pennant, I'm still bullish.
I think it's gonna break up target is around 12k.
Looks to me the supposed death cross is not even crossing, it's beginning to reverse.
If that's not a bullish divergence I don't know what is.
There is temporary resistance at the upper yellow line, and the range getting tight around here, i expect this to break down to fill cme gaps, but after it's filled im long
There is support at the yellow trendline, but it might break down.
Bitcoin might form a massive cup and handle pattern and then jump for massive gains
Either it's gonna break out of bear flag and form a tightening wedge with it's new higher low or it's break to the downside of bear flag and form a new lower low and continue downtrending. Both are very probable.