"BIG MOVE COMING!" There's ALWAYS a big move coming in Bitcoin, you just don't know when it will come. Judging from this formation, though, it should arrive by mid-July at the latest and some time this week at the earliest. Until this formation breaks, Bitcoin could go all the way back down to 9K and still be potentially very bullish or all the way up to 9.9k and still be potentially very bearish. We're either in a massive bull flag that will spin into a surge up to around 15K or in a giant symmetrical triangle trend reversal pattern that will send us back down to lower 7Ks.
There's plenty of TA to fuel both the bear and the bull arguments right now, most of which have already been shared here in TV so no need to rehash them. Remember: Bitcoin can ALWAYS go either way and there will always, in retrospect, be a solid TA-based explanation for it.
There's plenty of TA to fuel both the bear and the bull arguments right now, most of which have already been shared here in TV so no need to rehash them. Remember: Bitcoin can ALWAYS go either way and there will always, in retrospect, be a solid TA-based explanation for it.