So after yesterday's pump, Bitcoin will need to choose a path.
As we have seen in recent months, any major pump (or dump) gets at least one day of consolidation until we get to the next move.
Current falling wedge pattern on the hourly chart is definitely looking bullish and I believe we are going to move higher short term, eventually testing 4k.
Any move under 3.39k would be really bad, as this trade idea would be invalidated.
As we have seen in recent months, any major pump (or dump) gets at least one day of consolidation until we get to the next move.
Current falling wedge pattern on the hourly chart is definitely looking bullish and I believe we are going to move higher short term, eventually testing 4k.
Any move under 3.39k would be really bad, as this trade idea would be invalidated.