BTCUSD TA Time 05-2022!
Bitcoin / U.S. dollar BITSTAMP:BTCUSD
Goodday fellow traders,
As predicted highest probability, bear flag broke bearish . It even cooled down at the old support line. Currently waiting for BTC to confirm a new support in the short term. Creating a new pattern formation. Most probable formations are as drawn above the chart. Fortunately, mostly bullish patterns.
Old support lines may indicate next possible bottoms. Might wanna check that out. Would be nasty for who bought above the current price. However, an opportunity for new people to enter the market. It’s catching knives at this point.
