BitcoinShort
My thought on bitcoin right here
I know nobody is going to like this, but it looks like another bearish pennant on the 4H. I am expecting a short term bounce from here to 7k area. Then, I am expecting a breakdown of this triangle to 6000. However for this theory to be possible 6700 needs to hold.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.