Bitcoin now is forming a bullish flag pattern as we can see now,
This can of flag pattern can be seen as big funds are dumping their position that they bought at a higher price and
they want to slowly change to a lower position where it is better.
That is what why the market will react like that.
Step up here;
You can do a breakout entry once the flag is broken and the stop loss will be outside the flag,
Or any other way you like it.
Aim for 57200 for final TP.
-----------------------
Have a good day,
bb2thetrader
This can of flag pattern can be seen as big funds are dumping their position that they bought at a higher price and
they want to slowly change to a lower position where it is better.
That is what why the market will react like that.
Step up here;
You can do a breakout entry once the flag is broken and the stop loss will be outside the flag,
Or any other way you like it.
Aim for 57200 for final TP.
-----------------------
Have a good day,
bb2thetrader