Just wanted to share an idea with you, not sure this is going to happen. Any thought? May this be just a corrective 2th wave of a bull movement? Think pretty much this is a WRONG analysis.
Barrier Triangle formed 3-3-3-3-3 pattern, waiting for a bullish and impulsive breakout.
IOTA accumulation phase is almost over, we should be about to see a huge jump in both volumes and prices. Wait for volume confirmation and then go Long.
The exponential pattern became unsustainable. We should expect a huge correction once BTC reaches 12500 and probably the end of the current cycle.
BTC to hit 5000 and then moon to 6000 and more !
Bitcoin in range, LONG to PT of 6300 USD. Triangle breakout soon.
Nonetheless there are bearish divergences everywhere, the BTC price keeps going up and will reach the 5000 threshold soon.
Descending Trianlge, decreasing momentum in major timeframes. Price may rebound up and then head down to around 1800 Eur per BTC
Nice Head and Shoulders Pattern. Several robust indicators support this hypothesis. I am in long 5x ;)
The BTC EUR should hit the price target of 2830 EUR per BTC by the end of the week. Currently in strong momentum, the price broke the triangle resistance and the break is backed by several robust indicators.