Bitcoin Bearish Scenarios - Not Probable but Good to Prepare
I'm not bearish on Bitcoin until key levels are broken which haven't happened yet. Here's what I see if it happens.
Usually Bitcoin will break in the current trend direction after a symmetrical triangle. If that is what's forming then expect price to print fresh All Time High's!
If it were to break downward:
If Bitcoin were to lose bullish steam and continue downward, these are the areas I would look for as a bounce, based on consolidation patterns, the VPVR, and the 20 Week EMA.
Peace, Love, & Crypto,
B166er
Usually Bitcoin will break in the current trend direction after a symmetrical triangle. If that is what's forming then expect price to print fresh All Time High's!
If it were to break downward:
If Bitcoin were to lose bullish steam and continue downward, these are the areas I would look for as a bounce, based on consolidation patterns, the VPVR, and the 20 Week EMA.
Peace, Love, & Crypto,
B166er
Not
Bitcoin is in a massive UPTREND so buying below the 4hr ribbon could be a GREAT time to buy!
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.