RizeSenpai

BTCUSD: Bearish Shark Update; Bullish 5-0

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BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
A few days ago i posted a Bearish Shark with a a target between this trendline and the lower 21k area depending on if BTC would break through the trendline once it got here. However it would seem that BTC is holding up well at this trendline which is also the 50% Retrace of the Bearish Shark and it is now Double Bottoming in this Area on the 2 Hour Chart so i think it has become likely that this Bearish has evolved into a Bullish 5-0 that would Demand BTC atleast make another Local Higher High.

My targets from here will eb betwene the ABCD PCZ at 26,562 as a Target 1 and 29,000 as a Target 2 and potentially higher macro targets if 29k breaks which can be seen in the Bullish Shark ideas below.

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