Bitcoin: Bull vs bear

Bitcoin / TetherUS BINANCE:BTCUSDT

abhinxx

This chart is telling the main confluence point which is currently -> 100ema in 2h or 200ema in 1h

Bitcoin is also forming a triangle as you can see in the short term,.

1. If BTC get’s rejected again, i have marked the supports

1. Incase of a break above, Bitcoin will move to higher resistance levels.

Currently Bull power = Bear power, in macro, bears are in control. Let’s see who will win.

I am just going to wait for trend confirmation and long/short accordingly

Cheers,
~Nav

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