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Bitcoin technical chart analysis

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9y

Where are we going now from here?

There are several possibilities i see.

  1. We have a flag for an up-trend
  2. We have a forming Head & Shoulders for a down-trend
  3. Or we will continue the sideway movement

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As MACD and RSI shows us we are in a slight down trend which could possibly continue.
On the other hand we have a very strong bullish sign (flag) and the market is also growing daily.

What do you think where we go from here? Or will we remain in an sideways movement, which is also common, before a bullish trend.


Thank you for reading!

Bitcoin technical chart analysis | Ecency