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Bitcoin

BTC W pattern?

By KasperDB
Updated
There is a dubble bottom/W pattern forming on the 1 hourly charts for bitcoin. Will it go further up and complete the pattern or will it brake to the downside and will we have the biggest fake-out of our life? If it goes up is the next big resistance at 50K and if it wil brake down it coud retest at 47/45K.
Trade closed: target reached
it broke to the upside but when it completed the pattern it went down.
Trade closed: target reached
The W pattern completed and went further to the upside.
BTCChart Patterns
KasperDB

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