Bitcoin forming diamond pattern.
This pattern has no bias so it can be either bullish or bearish.
Can this be top for Bitcoin for the next few days/weeks?
Yes, but I’m still thinking we didn’t see the final stage of the move up.
Bitcoin is looking too good at these prices without pulling back too much.
The fact that it’s consolidating just 5% below an all-time high says enough.
This pattern has no bias so it can be either bullish or bearish.
Can this be top for Bitcoin for the next few days/weeks?
Yes, but I’m still thinking we didn’t see the final stage of the move up.
Bitcoin is looking too good at these prices without pulling back too much.
The fact that it’s consolidating just 5% below an all-time high says enough.
Note
We are over trendline. BTC just hit all time high.Note
BTC Hit new ath at 25K
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.
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.