Hello traders, above I present to you my ideas. The bitcoin market is in a very stressful moment. If I'm not mistaken, we may be right at the time of confirmation of parabolic growth. I would not expect drastic market moves at this point, everyone will try to wait, so the price should stabilize within 7700-8200 $ a few days with a small upward trend.
However, if the upward trend is not confirmed, we can expect a double bottom, which I presented in my earlier analysis
Comment:
It seems that parabolic growth is still in the game with double bottom scoring.
