Up we go?

in #bitcoin3 years ago

Looking like a reversal in the making on the chart...

The 1H chart looks like we might see a reversal on the BTC chart...

We have a reversal candle (as I call them) at support:

image.png

(Source: https://twitter.com/rovercrc/status/1438941800165687307/photo/1)

There are no guarantees on these shorter term time frames, but it has a decent setup.

Needs to break that downtrend of lower highs before I get too excited though.

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I never look at 1H chart... I usually watch 1 week chart or 6 month chart... Like I said earlier, we can't compare Bitcoin's current situation with any previous patterns as the conditions currently are unpredictable.

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