volume is still pretty low.
bitcoin breaking out on the bearish flag on the 5min chart.
shows me that there is still strong believe.
We still looking bearish tho, imo.
gives me 2 options midterm:
Notes Option 1: this option is new based on shortterm results and would be rather unhealthy imo.
Notes Option 2: Follows my Elliott Waves, but slightly delayed. This is much more likely. Second support line proved to be really strong in the past....I highly doubt btc will drop below. i would guess that we are looking bullish again after.
P.S. Just found out about this website....gonna post my TAs on a frequent basis. Leave me a follow if you are interested.
P.P.S. feel free to discuss :>