Bitcoin Bearish Scenario
Updated
Looking at this 1hr chart I am still seeing a bullish Three Drives pattern in play. I also see a potential bear flag.
On this daily chart we can see that we have likely entered a consolidation phase.
My whiskers are telling me that we will range inside the triangle until maybe mid-April or May.
For me, it would be healthy to come down to around $42,000 and touch the pink
trendline.
On this daily chart we can see that we have likely entered a consolidation phase.
My whiskers are telling me that we will range inside the triangle until maybe mid-April or May.
For me, it would be healthy to come down to around $42,000 and touch the pink
trendline.
Note
I redrew it when we broke up and I think this makes more sense now.Note
Note
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