BITCOIN Update From All Time Frames....‼
4Hr. Time Frame
We Do See a BEAR Flag Forming but For Confirmation of This Bear Flag We Need to See Weather BTC Breaks Down The Trend Line of That Triangle Wedge or Not, If Breaks Then 6000-5700 Can Be Tested Again
Or if Breaks Out of This Triangle Wedge Then 6800 Will Be Tested By The Next Week
Daily Time Frame
Daily Chart Clearly Tells The Same Story, As You Can See in The Charts, That as of Now Holding That Trend Line of That Triangle Wedge Perfectly, and By The Next Week We Could See 6800, Even 7100 USD Possible with Good Amount of Volume.
Weekly Time Frame
Only One Thing, For The Bullz The Weekly Candle Has to Close Above 6140-6130 USD Mark
If Closes Below Then 6000 or 5700 on The Next Week
Or If Closes Above Then The Same Thing 6800-7100 By The Next Week
Impression: Potential Chance of Breaking Above 6800 on The Next Week
FOMO Will Attract to BTC Anytime
As This BITCOIN ETF is Getting Too Much Hyped Up
We already Share Our Thoughts on This ETF Thing in last blog you can read
What is it | How Will it Affect The BTC Market |