Bitcoin is getting ready to do a quick move, both Up or Down, can happen this time.
A head & shoulder pattern is formed on the chart, If bulls lose 42500$ support, A rapid move up to 40K will happen.
42500$ is our key level at this moment, In the best case, I expect to see some neutral movements above 42500 for a while!
Bulls are weak at this moment, Let's see what will happen.
Be careful about your LONGs and SHORTs, Both are risky in this situation!
A head & shoulder pattern is formed on the chart, If bulls lose 42500$ support, A rapid move up to 40K will happen.
42500$ is our key level at this moment, In the best case, I expect to see some neutral movements above 42500 for a while!
Bulls are weak at this moment, Let's see what will happen.
Be careful about your LONGs and SHORTs, Both are risky in this situation!