BTC is struggling to reach the $70k mark. Having said that and as mentioned in previous publications BTC is still Bullish!
We are just at a point where It is hard to go higher without many taking their profitst.
This chart shows that BTC is forming a typical bearish pennant. But not forever! Weather it will play it or not it is a matter of time.
There is a very strong resistance at $60 and 57k where BTC should bounce back to try to find our desired ATH again.
I know many do not like going down, but it is always netter to play safe and keep some USDT aside to buy low.
Appreciate the hard work by pressing like and feel free to follow.
Happy trading,
Raf
We are just at a point where It is hard to go higher without many taking their profitst.
This chart shows that BTC is forming a typical bearish pennant. But not forever! Weather it will play it or not it is a matter of time.
There is a very strong resistance at $60 and 57k where BTC should bounce back to try to find our desired ATH again.
I know many do not like going down, but it is always netter to play safe and keep some USDT aside to buy low.
Appreciate the hard work by pressing like and feel free to follow.
Happy trading,
Raf