$BTC
Buyers are in control base on volume but we can see lower trendline is break twice.
After lower trendline breakout buyers react and put the price back inside the triangle.
Bears are consistent on trying to drop the price but bulls also fighting back.
For now market is still 50:50
But
This will soon to break as it is already squeezed between upper trendline and lower trendline.
Another confluence is 4hr pattern is still bull flag.
Warning for bulls:
We can't be so confident yet as we still have not seen an upper rally which supposed to break the upper trendline.
Not financial advice 🔥
#BTC #bitcoin
All comments (0)