What do you think? It's A Double Top Patten Or It's a Big Trap (Bitcoin)
After a Strong breakout of 27,000 Flag patterns with volume. Bitcoin easily achieved the 31,456 level in just 4 days this is a 2023 new High of bitcoin.
📢What is the next movement of Bitcoin?
As is shown in Bitcoin Chat Last Recently when the "Poll and Fleg" pattern breakout there are Two levels where the price will go...
1️⃣First Price Level 31000
the top of the poll and flag pattern
2️⃣Second Price Level 38000
According to the poll hight
So,
Bitcoin achieved 31000Level, and Now it was stuck at (31,450 to 29,530) in this whole week. As we show other Markets were going down like Indian stock, Gold, and Forex market. But in the case of Bitcoin, I thought its a "Distribution Zone"
Or
The second scenario is buyers are booking their profit. Because in the Daily chart, bitcoin was not close to any candle above the 31,000 level this show that
This is a "Double Top Patten" is making...
??? What are you think about it let me know in the Comment or Reply section!!!!
After a Strong breakout of 27,000 Flag patterns with volume. Bitcoin easily achieved the 31,456 level in just 4 days this is a 2023 new High of bitcoin.
📢What is the next movement of Bitcoin?
As is shown in Bitcoin Chat Last Recently when the "Poll and Fleg" pattern breakout there are Two levels where the price will go...
1️⃣First Price Level 31000
the top of the poll and flag pattern
2️⃣Second Price Level 38000
According to the poll hight
So,
Bitcoin achieved 31000Level, and Now it was stuck at (31,450 to 29,530) in this whole week. As we show other Markets were going down like Indian stock, Gold, and Forex market. But in the case of Bitcoin, I thought its a "Distribution Zone"
Or
The second scenario is buyers are booking their profit. Because in the Daily chart, bitcoin was not close to any candle above the 31,000 level this show that
This is a "Double Top Patten" is making...
??? What are you think about it let me know in the Comment or Reply section!!!!