BlackBead

BTC chart a bear flog OR an uptrend ?

INDEX:BTCUSD   Bitcoin
Hello lovely people
As you can see BTC chart is about to tell us if it's a bear flag which can take price down at least to 37,000 USD or even worse.
However in other hand it can be a beautiful uptrend channel which is good for me(I mean, who doesn't feel that way) and this can take price up to maybe new ATH like 80,000 USD in a month or two.

That was just an apparent thing I saw in chart and made an idea for it.
Hope you enjoy this one and be more careful in opening new positions.
Use stop loss everywhere and be safe :)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.