Bitcoin Confirmed a Larger Bearish Wave
Bitcoin Confirmed a Larger Bearish Wave
BTC was getting ready to confirm a double top pattern as explained in the previous video analysis.
Finally, on the weekly chart, BTC closed a long bearish candle below the "Neckline" of our pattern thus increasing the chances of further downward movement.
It will not be so easy for BTC to move down because we are talking about big trends and changing the direction is very difficult.
After taking some time to make this clearer, the price should start to come down over the next few weeks.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
BTC was getting ready to confirm a double top pattern as explained in the previous video analysis.
Finally, on the weekly chart, BTC closed a long bearish candle below the "Neckline" of our pattern thus increasing the chances of further downward movement.
It will not be so easy for BTC to move down because we are talking about big trends and changing the direction is very difficult.
After taking some time to make this clearer, the price should start to come down over the next few weeks.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
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