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Ready for a Bull run or Inverted triangle ?
Here we are entering a new phase for short-term BTC.
Looking at the graph we now have two possibilities:
1: BTC break the resistence at 49/50 K
2: BTC is now forming an inverted triangle pattern.
In the first case we could be faced with a new bull run.
While in the second we would find ourselves in a pattern that would lead us to touch 42 K with a very unstable volatility and then break the pattern with a new run.
Bearish case
3: It is pushed back by the resistance at 49 / 50k breaks the support at 42/43 K and retraces. (Less likely case)
Looking at the graph we now have two possibilities:
1: BTC break the resistence at 49/50 K
2: BTC is now forming an inverted triangle pattern.
In the first case we could be faced with a new bull run.
While in the second we would find ourselves in a pattern that would lead us to touch 42 K with a very unstable volatility and then break the pattern with a new run.
Bearish case
3: It is pushed back by the resistance at 49 / 50k breaks the support at 42/43 K and retraces. (Less likely case)
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