BTC is approaching the end of a triangle, and this is usually a continuous pattern
But is this the best case scenario for Bitcoin?
In my opinion, green scenario is best way to touch $100k in the long run.
Because there are reasons that Bitcoin's rise from this price is dangerous and will lead us to another Panic! 👇
2 of most important ones are in the 1w timeframe:
1- RSI is close to the Overbought range.
2- 21 Week EMA is a long way from BTC price.
Good Day 😊
But is this the best case scenario for Bitcoin?
In my opinion, green scenario is best way to touch $100k in the long run.
Because there are reasons that Bitcoin's rise from this price is dangerous and will lead us to another Panic! 👇
2 of most important ones are in the 1w timeframe:
1- RSI is close to the Overbought range.
2- 21 Week EMA is a long way from BTC price.
Good Day 😊
