Analysis on #Bitcoin
Bitcoin flashing bearish signals as you can see on my chart bitcoin formed a triangle pattern, this is a continuation pattern to the downside.
BTC has been trying to bounce off of the recent bottom but has not been able to do so with each bounce being shorter than the previous one.
I don't want to see the market collapses from here but that's only my wishes and reality might be something different, if we stay here without any meaningful bounce to the upside, sellers will be encouraged to attack the market
However, if BTC closes above 51950 this will be bullish and will attract more buyers
Like and comment will be highly appreciated, thank you so much for your support.
Check today analysis below⠀
Bitcoin flashing bearish signals as you can see on my chart bitcoin formed a triangle pattern, this is a continuation pattern to the downside.
BTC has been trying to bounce off of the recent bottom but has not been able to do so with each bounce being shorter than the previous one.
I don't want to see the market collapses from here but that's only my wishes and reality might be something different, if we stay here without any meaningful bounce to the upside, sellers will be encouraged to attack the market
However, if BTC closes above 51950 this will be bullish and will attract more buyers
Like and comment will be highly appreciated, thank you so much for your support.
Check today analysis below⠀
