Bitcoin Technical analysis

Hello everyone welcome back to another update on Bitcoin Crash starting

Bitcoin is still kind of consolidating during this weekend and we have of course been talking about this exactly because we are still consolidating in between this range and of course we are trading at the same time in a weekend where usually volatility is already lower now yes in the short term we might be creating some kind of a symmetrical triangle that we might be breaking out anytime soon but to be honest I do not really like this development of this symmetrical triangle right here because it is only at the 30-minute time frame it is too low of a time frame for me but in the end of the day

I still think whatever will be happening in very short term is all just kind of noise so this magical triangle that we can be having a look into words in a very short term well it is or just pretty much noise but what you want to be having a look into words and what will be very important is this range we are developing right here

we will be breaking Above This range well inevitably we will be breaking Above This symmetrical triangle we are forming on the four hourly time frame and at the same time we will also be breaking above our previous High we have created over here and previously around just for example right here and also right here whenever we broke above that previous High well that resulted in one last pump towards the upside so I do think this will be happening once again whenever we can be b Above This previous High well I do think we will be seeing another pump towards the upside

it is still very simple but you do not want to be over complicating these things because it is very simple whenever we are going to be breaking this one towards the downside well I will be having a look into what's the next support level and I will be having a look in towards the 28.6 K level and all the way down towards the 27.7 K

it will be very important to have a look into what's how this weekend will be developing further and of course next week it will be very important to have a look into what this range and whenever we will be breaking out well then of course we are going to be knowing if we are going to be seeing further momentum towards the upside or further momentum towards the downside

see you in another update please Don't forget to upvote, resteem, and comment...