Opinion:
BTC is likely forming a short term top.
Top is March 14th.
We've posted that consolidation takes anywhere between 1-3 months on average.
1 month from top would be April 13th.
Coincidentally, it's where the end of the #BTC pattern would break.
Sell signs signs have been there, RSI & $ Flow have been cratering.
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Let's do another scenario.
Top = 3/14, 3 months from then puts it at 6/14. The #BTC pattern can last until 6/6/23 (ooo 666).
If #bitcoin is in a hard consolidation the pattern could last until July 15th, making it a 4 month consolidation.
BTC is likely forming a short term top.Top is March 14th.
We've posted that consolidation takes anywhere between 1-3 months on average.
1 month from top would be April 13th.
Coincidentally, it's where the end of the #BTC pattern would break.
Sell signs signs have been there, RSI & $ Flow have been cratering.
-----------------------------------------
Let's do another scenario.
Top = 3/14, 3 months from then puts it at 6/14. The #BTC pattern can last until 6/6/23 (ooo 666).
If #bitcoin is in a hard consolidation the pattern could last until July 15th, making it a 4 month consolidation.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.