Still in Bear Flag (Bitcoin)

2022년 7월 18일

Bitcoin is still inside a bear flag once we break 23k and close above it this pattern would be invalided.A break of 23k would send Bitcoin straight to 27k to close the gap most likely before going into a long range accumulation for some months.

I go over in my last TA why this bear flag had a much larger chance of invalidating because of the USDT dominance, take a look below.

There is an interesting time Fib count I have been following with the last date being a really powerful pivot point.


At this point there is a high probability that the bottom is in. I presented a lot of evidence in the TA below.

2022년 7월 19일

노트

A close above 23k would be massive

2022년 7월 20일

노트

Very good sign! broken the flag , next target would be to close CME GAP at 27k