LavaEdition

Don't panic it's a temporary rise

Short
BITSTAMP:BTCUSD   Bitcoin
Don't panic it's a temporary raise .

From the previous chart, the raising wedge broke upwards and now it is forming a bear flag that will force the price down within a bigger burble falling wedge that will also break upwards toward to blue trend line forcing it downwards again.

Regards

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.