Trader_McStockster

Trader_McStockster

Bitcoin should complete this descending triangle formation soon and make a decision. I’ve added a pullback and a throwback to either scenario.

Trader_McStockster Updated 

This is my first chart to post, Bitcoin has followed this trendline well so far with ~11 tests. Is it leading us to the primary support level of 30k? If so, that puts us at a decision point near 7/22/21. Failure of the 30k may suggest a sharp drop downward. Other notes, the 35k level seems to be a key level with several tests. If Bitcoin were to rise from here...

Trader_McStockster

Bitcoin chart with my most optimistic scenario that I hope happens as a holder. Not even necessarily what I think will happen based on technical analysis, this is just my HOPEFUL scenario!