Hey everyone,
Let’s dive into checking out what’s up with Bitcoin together. Right now, it seems like this coin is riding a descending channel. We’ve had a few breakout attempts, but honestly, they’re not that convincing at the moment. Just a heads up, if one of these breakouts really takes off, we might need to toss this analysis out the window.
Oh, and check this out – the coin’s been making moves that kinda look like a QM pattern. And that triangle zone? It’s like a playground for short positions.
Here’s the target game plan:
First target: 25920
Second target: 25750
And don’t forget to keep an eye on that triangle zone and how it might stir things up. Any thoughts or ideas you’ve got about all this are totally welcome! Comment: why does it seem bearish?
Because the purple area has not been breaking up yet.
