BitcoinShort
BTC/USDT UPDATE
Hello,
I will bi reviewing this BTC/USD chart on the 4 hours time frame than I'll give my thoughts for the next couple months.
So on this chart we can see that a double top is forming and that's not a good sign since it is a bearish pattern and if the next 1 to 2 candles close as a big red one then the pattern is confirmed.
On the long term I still think that we should see a spike down before going into the second stage of the bull in my personal opinion that price is around 21-23k and it is essential for market structure
I will bi reviewing this BTC/USD chart on the 4 hours time frame than I'll give my thoughts for the next couple months.
So on this chart we can see that a double top is forming and that's not a good sign since it is a bearish pattern and if the next 1 to 2 candles close as a big red one then the pattern is confirmed.
On the long term I still think that we should see a spike down before going into the second stage of the bull in my personal opinion that price is around 21-23k and it is essential for market structure
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