2023-05-22 09:12:35
Welcome to this quick BTC update. For the past few days, we haven't seen much movement in the market. The market is consolidating in the same range. Sooner or later volatility comes in and we see a big movement. Let's discuss where it wants to go first.
In 6hr time frame, it is still showing continuation and moving inside a symmetrical triangle after local H&S towards the $24k-
25K
area.
From here, the price needs to hold this symmetrical triangle and must break the upside for bullish movement. Reclaiming $27,800 may bring bullishness back to the chart, till then
25K
is more likely after some more consolidation.
What do you think about this?
Do you think
25K
is coming from here or do we see a pump up to
29K
-$30k before any further drop.
Share your views, in the comment section.
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Thank You!
@captaincryptosignal
7.9K views06:12