BITCOIN, Watch Out!
Aggiornato
After breaking down from H&S pattern, Bitcoin managed to bounce from $30,000 level and retest the neckline, where strong rejection came in.
Now, Bitcoin moves in an ascending wedge pattern. I expect it to hit mid level of 50-51k and then break down from it.
In order to take out the new highs, Bitcoin would need to close higher than the previous high at $53,400.
Now, Bitcoin moves in an ascending wedge pattern. I expect it to hit mid level of 50-51k and then break down from it.
In order to take out the new highs, Bitcoin would need to close higher than the previous high at $53,400.
Nota
US and European stock markets are falling, watching the support line closelyTrade attivo
Nota
Broke the support line and now moving upwards to test it.$46,000-$46,500 is a key level.
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