The uncertainty is certain. I think we all want to see Bitcoin smash through 20k, but I don't think we are ready, and will therefore go with what's most probable. - There are bearish divergencies all over the lower timeframes (rsi, stochs) - Heavy resistance Since you do not mess with the twilight zone, I would recommend doing a small amount if you were to...
This is a test. The points plotted were generated by an AI.
I believe this is a pretty strong / secure analysis. Reasons: - Chart is leading up to a breakout. - Positive fundamentals lately such as positive financials Q3, positive salmon news and recent large investments. - Recent breakout of negative trend.
Bitcoin is known to follow/ create patterns.
I fear this will go the other way and actually push up and towards testing 20K again, but if I had to make a bet II would do a small short here.
I'm afraid it will go to the upper trend zone or break the trend. All though there is a heavy resistance line and I'll take a chance on the negative trend.