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Cryptovegas

Dips continue to be bought in tightening consolidationAnalysis on chart. Double top originally anticipated to be a H&S pattern may turn out to be a bullish double bottom pattern as well. Play both ways - double top is not negated yet. Get OUT of the consolidation zone (or play the range here @ crypto-vegas).
BITSTAMP:BTCUSD
by Nezah
Neutral point established. Crypto-Vegas mode for nowBitcoin currently in no-man's land. Breaking bear from here would confirm the bear flag established from the last 5 days. Meanwhile, breaking bullish will require a solid close above $12,000 to get out of its "funk". Buy-the-dippers have a support line between $7,000 and $8,000 - otherwise - see "Lots of Bears" on RSI chart. Would sleep on it. There's no opportunity here unless you want to roll some dice. Welcome to crypto-vegas baby.
BITSTAMP:BTCUSD
by Nezah

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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