Bitcoin was in this range in Aug 2017 till sep 2017 and we are back there again... i believe it is going to be the next strong support in the years to come. so since we will be in this range for couple of month i believe we are gonna test the resistance in the last week of Feb or first week of march.
First thing there was a failed H&S which it seems there is going to be another H&S forming... and in this case i think it will breakout to 4500$
it will test the resistance... bull trap at 4700$ and a bear run to 3500$
bear trap at 3200$ and bull run to 4500$ again.
i believe that is the play for the next 3 to 4 month... what do you think?
First thing there was a failed H&S which it seems there is going to be another H&S forming... and in this case i think it will breakout to 4500$
it will test the resistance... bull trap at 4700$ and a bear run to 3500$
bear trap at 3200$ and bull run to 4500$ again.
i believe that is the play for the next 3 to 4 month... what do you think?