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Bitcoin
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Bitcoin break out? 4h chart

3 359
Something's brewing...
Note
Adam and Eve target (ATH test) would be the shorter term target.
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Note
Short term target is *bull trap high test sorry, 17-18k
Note
Well the tethers news took us down breaking the adam and eve pattern. Did the market overreact to something that happened on december 6th? Some argue the fact that the subpoena was then and they have still printed more tether since is a good sign. Who knows, anyway we don't need to get into that...think there's a decent shot the lows hold here.

If not then anywhere as low as $7500 or so seems likely to me.

Gluck.
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ltc-joe
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ltc-joe

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Disclaimer

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.