BTC/USD 1D Update
Bitcoin / TetherUS BINANCE:BTCUSDT
We are currently in a Bear Flag .
BULL POINTS:
– Volume Divergence on 1 Day
– Broken back up into 4 Hour Bull Trend
BEAR POINTS:
– Bear Flag with 1 Day resistance (where we are currently at) with low volume .
– On our Volume indicator, we are nowhere close to breaking out.
A break up from this pattern could mean a retest of 52K . If we don’t break it’s likely we can drop to 28.9K – 32K – somewhere around here and range for a while.
