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Megaphone Pattern in Bitcoin!! What does this Mean??
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Bitcoin looks like it is forming a megaphone pattern. This is a make-or-break for BTC in the near future, as vertex 4 is meeting the lower bound of the megaphone as well as intersecting with a support level at 52.8K. If we see support here, we will fill out the rest of the pattern, which would take us to new all time highs around 60K exactly. If we break down, we should see a lot of momentum and retrace through the vacuum zone to 49.7K. We are still bullish of BTC and cryptos in general but technical retracements and selloffs do happen.
交易進行
Hit our levels perfectly!! Got in at 48.4K 😎
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