BTCUSD Perpetual Contract

Bull vs. Bear - Which are you leaning towards?

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Here's the bullish and bearish scenario as I see fit:

Bullish - we pull back, and form a larger ascending triangle (yellow) breakout formation. Note that this would start with a dump in the short term, and then consolidation before the pump.

Bearish - This rising wedge could see one last pump to 49-51k before breaking down. Unlike the bullish scenario, this bearish scenario can start with bullish continuation from here to get us very over-extended, and then have a brutal dump. Let me know what you all think

As always, this is not financial advise - merely just my perspectives on the market at the moment! Feel free to message me to discuss views, or debate... thanks!

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