Bitcoin waiting for a big breakout
Updated
After a few days of consolidation with low volume, Bitcoin is ahead of the next big move. Quite scary bearish target of 12000$, but I still think that we must have some shorts liquidated first and the move to 27000$ will give this to us. After that we can decide - reclaim it as support or new lows. Technically we have a potential hidden bearish divergence on the daily for Bitcoin so be very careful. Wait for a retest of the breakout and don't use more than x5 if you like leverage trading. Fake breakout is also very possible at these market conditions - don't forget that DXY has already made the breakout and is in full bullish mode.
Note
Two months later, the breakout is still not here. Trading in the 19-23000$ range while we wait for one of the two targets to be hit.
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