Bearish squeeze not showing any signs of following through, but I believe volatility is going to continue up in the short term (up to 1 week). Volume suggesting this might go back up the same way it went down. Expecting 6600 and optimistic target around 7100.
Same resistance, same volatility
Nothing remotely fancy. Bitcoin rarely refuses this bear play in its history. Namely see 3k and 5k tops.
A price pattern that invalidates bearish double top and gives general incite to where we're headed. Ignore the news!
Many exchanges now forming a double top, and hourly looking out of steam. I think falling from here or spiking up/down are the most likely paths. Entry 17200, main target 15k. Still partially long until something firmly breaks.
A symmetrical triangle (3k max height) and tightening bollinger bands, here are some paths for bitcoin. Despite the directional lines, I think it's likely we'll go sideways until B Width is around 0.03 (marked) and then break one way or the other. Although this shows long/short being equally polarised, I choose short purely because we have to correct further and...