Patrickhagani

BTC BULLISH

Long
Patrickhagani Updated   
BITFINEX:BTCUSD   Bitcoin
BTC is looking nice right now. I think we are going to see a double top and a small dip then break that big downtrend. Weekly RSI about to break out and I see bitcoin 4.06% hitting 20k by May. If I don't I will be surprised. Whales are liquidating there short positions at the moment which is a good sign. Bearish scenario we break below 5k than I can see it hitting $3500 but i do not see that happening as the amount of volume there was at $6000 was too high.
Comment:
I said $5000 because of the 50MA. Breaking below that would make me think we will hit $3500 but again I don't see Bitcoin going below $7000
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