Bitcoin if can break this consolidation bullish has the chance to make some price gain, if we break lower than the consolidation it hints at signs of a larger price drop incoming, as we are in an uptrend so to speak atm and after the sell of from the ETF announcement it could be a cheap price for one last potential move towards $52k. However need to keep an eye on how we react here.
Note
Struggling to break upNote
Break lower potential
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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.