Based on BTC 4H chart, it broke out of a bear flag where this may bring BTC to a price range of $25k to $28k target.
MACD signal lines are far apart which means that the downward momentum is currently strong which may validate the pullback of BTC in the short term.
To invalidate this pullback, BTC must hold its current support at $34k which will show a false breakout move then break the $39k resistance.
MACD signal lines are far apart which means that the downward momentum is currently strong which may validate the pullback of BTC in the short term.
To invalidate this pullback, BTC must hold its current support at $34k which will show a false breakout move then break the $39k resistance.
