What's up with BTC for the weekend? (Patreon)
Content
After last week fake out to the downside, we are back inside the triangle pattern which is getting things slightly more bullish.
It would be great to maintain these levels and close the daily over 37K.
Expect extra volatility over the weekend as usual.
There's still chances of a dump to lower levels but they are decreasing thanks to the fake out (bears couldn't manage to break down 30K). They might try once more but they have limited time as we are about to complete the triangle pattern.
Green and red targets in the chart above remain the same as the pattern hasn't been invalidated yet.
Last week I was expecting to see a Symmetric triangle trend reversal pattern but it didn't play out in the end as the fake out took us back down inside the triangle.
Changes to bots? not from me yet.