Clevortrevor

Clevortrevor

Looking more and more like a bull flag is developing. I am expecting BTC to drop to at least 53500. Then we will hopefully see it shoot up past 60k.

Clevortrevor

I'm looking at all this analysis from traders I follow and only one of them predicted the move over the last 8 hours. Why? It's clearly obvious from my chart that BTC was either going to break lower or push up. We see a basic trend line and then the resistance area at 58k. I'm a rookie but this seemed pretty obvious.

Clevortrevor

The BTC Wedge is still in play despite the Elon pump a few days ago. In my view I see a retrace to $28k or possibly $25k before pushing up towards the all time high.