We still see Bitcoin in a bullish flag formation and that the slope against the short term trend is a hesitation before a sharp move up in the cryptocurrency back above $10000. However, we would not want to see the cryptocurrency fall below the key support level at $8572 as Bitcoin can be seen as a safe haven and there has been progress on a trade deal between the US and China, with both sides agreeing to cancel some tariffs .
Nice TA very intresting.
I agree with the Bullflag it is an possible scenario. At the shortterm i see bitcoin in an range between 9100$ and 9400$
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I agree with the Bullflag it is an possible scenario. At the shortterm i see bitcoin in an range between 9100$ and 9400$
Watch this: