Bitcoin made a nice Q1 with beautiful results. In the last weeks we are trading sideways with sometimes a little up and a little downwards.
I see a very clear Head & Shoulders pattern which tells me we could going down some more. The technical information says we can go to around $23.500 in the coming days/week.
Till now the Bittrex bankruptcy has not move the price of Bitcoin that much which is positive, but the sentiment on the short term is not that positive.
My guess is back to $23.500 and after that correction we can got to the mid 30's and with a little FOMO we can go to $38.000-44.000 in the summer
I see a very clear Head & Shoulders pattern which tells me we could going down some more. The technical information says we can go to around $23.500 in the coming days/week.
Till now the Bittrex bankruptcy has not move the price of Bitcoin that much which is positive, but the sentiment on the short term is not that positive.
My guess is back to $23.500 and after that correction we can got to the mid 30's and with a little FOMO we can go to $38.000-44.000 in the summer