Hello Birdies,

Lets do a bird view of the BitCOIN.

Terms:
  • W = Weekly
  • R = Resistance
  • S = Support
  • LS = Left Shoulder
  • BO = Breakout


The price is rejecting at weekly resistance. If not converted to support or have a breakout, we are not going anywhere.

For now, the price is above both left shoulder. Anything below 69,000 give bears a chance to move the price slider below 60, 000.

Which in return open ways for price to retest every breakout which are untested so far.

Means means we can fall upto 9, 000.

Dont hate me this is what I see....
blackbirdtradingBTCUSDTChart Patterns

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