Bitcoin Will Sink, All This Will Be At The Bottom of Atlantic
Broken rising wedge and another rising wedge forming.
Strong resistance near $46,000 - $50,500 as so many
buyers were stuck hodling since December 2021.
Many will exit to breakeven or take some small losses
making it difficult to break through $50,800.
Lack of recent volume also looks worrying.
Plenty more evidence that Bitcoin will soon taking a dip.
Please tighten your trailing stop.
No, Bitcoin will not hit $100,000 in the near future
as of writing.
What's the price target if Bitcoin enters bear market?
Please also see my Daily chart analysis.
Strong resistance near $46,000 - $50,500 as so many
buyers were stuck hodling since December 2021.
Many will exit to breakeven or take some small losses
making it difficult to break through $50,800.
Lack of recent volume also looks worrying.
Plenty more evidence that Bitcoin will soon taking a dip.
Please tighten your trailing stop.
No, Bitcoin will not hit $100,000 in the near future
as of writing.
What's the price target if Bitcoin enters bear market?
Please also see my Daily chart analysis.
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