The pattern does have a gap, which is a slight concern. (If it does gap fill) then the pattern will actually be stronger.
We have a great sym here so it may go in the pinch or the fail and retrace blow out.
Both are massive Bull moves for me.
Break below 12 would be worrying
An unregulated entity and traders are trying to chart. (me being one).
If speculators actually had BTC I would consider this.
I have a feeling we may see chart TA be rewritten for BTC.
I am a holder of BTC and crypto so please don't take my advice.
I study charts and have identified a "tripple bottom of move".
I hold BTC, but am adding at this point.
Please do not take any advice from me as I used invest in AIM stocks..
My view seems correct, it has broken down from the bear flag after pennant bullish move
Either we see a move back to the bottom of bear flag and fail or break through to top of bear flag.
Not looking too positive long term, may be a trade here. to resistance levels.
New highs and break of formation.
Not sure how charts work in the crypto world , however if they do £7k coming.
In my own opinion.
I hold Bitcoin, EThereum and now BITINDIA tokens so please take my views as corrupted.
No advice intended.