Bitcoin Short Term Analysis: Bullish or Bearish?

Hello traders!

As you can see, bitcoin is forming a structure (triangle) that is about to be breakout.
This is a very short term analysis of what we expect to see in the next few hours.


Both possibilities are valid (bullish/bearish)

Let see what you guys think, do you think it will be a bullish or a bearish move?

I'll start by guessing that it will be a bearish one.


- Abdulla

Trade ist aktiv:

Bullish! - This is what I love about those patterns, it really doesn't give you any clues unless it breakouts