As you can see, bitcoin is forming a structure (triangle) that is about to be breakout. This is a very short term analysis of what we expect to see in the next few hours.
Both possibilities are valid (bullish/bearish)
Let see what you guys think, do you think it will be a bullish or a bearish move?
I'll start by guessing that it will be a bearish one.
- Abdulla
Trade aktif
⋅
Bullish! - This is what I love about those patterns, it really doesn't give you any clues unless it breakouts
great prediction as always. Thanks now where do you see this going bro?
BrunoDanteSampaio
⋅
@dsmith091100, IMO, as other strong markets are behaving follow the leader, I believe Ether, Dash, Monero and XRP will follow BTC in the uptrend soon, specially after the 25/10 BTC fork. I believe after this date BTC will face a strong pull down.