Bitcoin

BTC triple top pattern (bearish) in 4hour chart? Bull run over?

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It looks like BTC just formed a triple top pattern in 4hour chart (which is bearish). Also BTC broke the 36K range fib area(current price 35K) and heading downwards. It may restest lower 30's in my opinion. If this week we close below 21Weekly EMA this Sunday, most likely we are heading to bear market.

Please Note: The analysis is based on my own views and it should not be treated as financial advice.
Feel free to share your own opinions/comments. Also hit like and follow me for future updates!

Best,

Adit Doza
Part-time Faculty
Mike Ilitch School of Business

Feragatname

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