This is purely speculation the fact it is following DXY. As you can see where ive pointed out BTC price roughly on DXY chart, then you can see the projection it has for the bull run while staying in this Bearish megaphone.
Invalidation would be DXY{ consolidate then pump out of the pattern. It is likely we could see 20-19k before the pump. This week will be very interesting.
Invalidation would be DXY{ consolidate then pump out of the pattern. It is likely we could see 20-19k before the pump. This week will be very interesting.
Note
Bulls need to break these key levels of consolidationDisclaimer
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.