bitcoinchart

Bitcoin Forms Massive Pennant

bitcoin is currently compressing into a massive bullish pennant structure on the 4-hour chart right above the $80,000 psychological level.

after yesterday's aggressive breakout, the market is now absorbing early profit taking. if you analyze the volume profile, selling pressure is steadily declining as the price coils tighter. watch for a decisive volume expansion to confirm the next leg of this trend.

are you buying this consolidation or waiting for a breakout confirmation? let me know below 👇

#Bitcoin #CryptoTrends #BitcoinChart
$BTC
$ETH

Disclaimer: Not financial advice. Always do your own research.

"There's a big mistake in this chart. Did you catch it? 🤔$BTC

Many people may be thinking that Bitcoin is over after seeing the long red spot! But those who trade regularly, the mistake should be caught in their eyes. Tell me in the comments what manipulation has been done here?

Let's educate each other and stop spreading misinformation."

​ #CryptoQuiz #MarketAnalysis #BitcoinChart #BinanceSquare #SmartInvesting