jossyNakamoto

jossyNakamoto

I understand the current bearish sentiments but I've observed a possible bullish ABCDE barrier triangle forming on the Bitcoin daily chart. Would love to know your thoughts.

jossyNakamoto

The structure forming since we had our last top correlates to a possible bear flag. There's a high probability we'll approach the top of the ascending channel one more time before finally breaking towards the $29-30k region.

jossyNakamoto

If we don't break the current $5,800 support in a few days, we'll be seeing a bull trend.