Bitcoin Bat or Crab Harmonic?!
Looking at this daily chart I see a potential bullish Bat Harmonic developing.
If it plays out we could find our way down to around $33,000-$35,000.
Another possibility would be a bullish Crab Harmonic, which would take us even lower.
Of course, this could be another bullish pennant forming on the daily, so I'll be waiting in the bushes to see which way
Bitcoin goes. A break up out of the structure could give us a measured move target between $70,000 and $80,000.
Owhooooo!
If it plays out we could find our way down to around $33,000-$35,000.
Another possibility would be a bullish Crab Harmonic, which would take us even lower.
Of course, this could be another bullish pennant forming on the daily, so I'll be waiting in the bushes to see which way
Bitcoin goes. A break up out of the structure could give us a measured move target between $70,000 and $80,000.
Owhooooo!
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