Crypto optimized bollinger band indicating squeeze on bitcoin currently, tight price action range is currently happening. Expect a large break to happen soon. Alot of bullishness on indicators as well as a uptrend and downtrend line bitcoin has been respecting. The bullish macd cross as well and the exhausted bear momentum has me leaning towards a bull break. First swing target will be a retest of double top at around 12k. Good luck.
Comment:
Due for a healthy correction here, my target will be 8050-8400.
Comment:
Comment:
Also beware of a poss H&S formation from the 7838 neckline. Very early to say but something to keep in mind.