BITCOIN - A POSSIBLE DROP BEFORE BREAKOUT
Bitcoin has recently experienced two false breaks within the symmetrical triangle pattern on the Daily Timeframe. Consequently, the price has remained sideways, showing no clear directional movement at present.
There are a couple of potential scenarios for Bitcoin's future movement:
The price may decline, targeting either 41,500, followed by an upward movement.
Alternatively, it could reach 43,690 before initiating an upward trajectory, especially within the Cluster Volume zone.
Which possibility do you consider more likely?
There are a couple of potential scenarios for Bitcoin's future movement:
The price may decline, targeting either 41,500, followed by an upward movement.
Alternatively, it could reach 43,690 before initiating an upward trajectory, especially within the Cluster Volume zone.
Which possibility do you consider more likely?