BTCUSD We're hitting the bottom today $34.5K 2021-06-07 4:41pm
Hello, here is my TA for BTC today.
I think that since we didn't break the resistance at $35700K today, we're going back down to $34500K. The angles seem to confirm today will be the day it touches the base of the triangle.
Which is good news if the trend continues, especially given the bullishness of ETH right now which will provide a much needed to push to BTC to breakout the descending triangle upwards.
But can also be very bad news if the base of the triangle is passed. In that case we're back in big bears territories.
Hopefully I'm right. About it going bull not bear lol.
I think that since we didn't break the resistance at $35700K today, we're going back down to $34500K. The angles seem to confirm today will be the day it touches the base of the triangle.
Which is good news if the trend continues, especially given the bullishness of ETH right now which will provide a much needed to push to BTC to breakout the descending triangle upwards.
But can also be very bad news if the base of the triangle is passed. In that case we're back in big bears territories.
Hopefully I'm right. About it going bull not bear lol.