Two Scenarios for Bitcoin (Bull/Bear)
Bitcoin is currently neutral, leaning bearish.
(Bullish Scenario)
We could witness a double bottom, and then see an uptrend to the $4,700 region.
Shorts are high and becoming weak at current levels.
(Bearish Scenario)
There is high demand for Bitcoin in the $3,000 region, so we could see a volatile drop to this level.
Harmonic Patterns show that we could paint a new low, before upside.
*trade at your own risk, and do your own research*
(Bullish Scenario)
We could witness a double bottom, and then see an uptrend to the $4,700 region.
Shorts are high and becoming weak at current levels.
(Bearish Scenario)
There is high demand for Bitcoin in the $3,000 region, so we could see a volatile drop to this level.
Harmonic Patterns show that we could paint a new low, before upside.
*trade at your own risk, and do your own research*
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