AllAboutMoney

3 Vs 3 but wait

AllAboutMoney Uppdaterad   
COINBASE:BTCUSD   Bitcoin
I sold all my bitcoins last week, anticipating this moment. What we are witnessing here is a consolidation point. There are three structures that could drive the price down to 28K and three structures, including a well-formed bull flag, that could take us to 47K.

The intriguing aspect here is the presence of a symmetrical triangle that could cancel all the bearish structures, once again pushing up the price.

catalyst events:

Delayed bitcoin ETFs
Released Bitcoin ETFs
Handel aktiv:
The flag exit is confirmed, now the target for the flag is 46195, confirming the symmetrical triangle and converting this in a continuation of the bull trend, cancelling the targets to the down side

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