Bitcoin / TetherUSUpdated Will Bitcoin die? Part two
Part two(Please read in full)
On the Bitcoin chart, I see one of the most popular patterns.
Do you see it too?
But I can not trust it completely.
If this pattern is correct, we should go to 52 again. If the pattern is complete, we can have a very sharp drop
My general conclusion from Bitcoin:
We are in the bear market, and we are 98% likely to move in the 36-37 range. If you have a short deal, do not quit at all.
Can add volume to it in 52 (if pattern is formed)
** But I do not like this pattern to be formed, because it will be very dangerous.
On the Bitcoin chart, I see one of the most popular patterns.
Do you see it too?
But I can not trust it completely.
If this pattern is correct, we should go to 52 again. If the pattern is complete, we can have a very sharp drop
My general conclusion from Bitcoin:
We are in the bear market, and we are 98% likely to move in the 36-37 range. If you have a short deal, do not quit at all.
Can add volume to it in 52 (if pattern is formed)
** But I do not like this pattern to be formed, because it will be very dangerous.
Note
what is your opinion?Note
The pattern failed
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Related publications
Disclaimer
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.