Bitcoin is trying to get out of the triangle again!
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Yesterday's hike with an exit to $33,400 probably made many people nervous, especially those who missed the growth and stocked up on the highs, and perhaps even made the right decision.
If we look at the chart from the technical side, then at 6H we have the well-known triangle pattern, which was confirmed yesterday from below and is now actively pressing the upper border, which, in fact, can cause growth to the zone of $35,000-35,500.
If you look at the chart from a psychological point of view, then an increase towards $35,500 even looks quite logical: you can again cause a lot of FOMO among market participants and throw off those who are 100% sure that a correction is about to begin.
I still remain in a short position with a fat minus on my shoulders and psychologically I even overcame the pressure that was a week ago. And to brighten the situation a little, I opened a small long on DOGE. Perhaps the dogs will soon get off their leash :)
Guys, don’t pay attention to the arrows, this is just a sketch so that the graph doesn’t look empty. The price may go according to a completely different scenario
Yesterday's hike with an exit to $33,400 probably made many people nervous, especially those who missed the growth and stocked up on the highs, and perhaps even made the right decision.
If we look at the chart from the technical side, then at 6H we have the well-known triangle pattern, which was confirmed yesterday from below and is now actively pressing the upper border, which, in fact, can cause growth to the zone of $35,000-35,500.
If you look at the chart from a psychological point of view, then an increase towards $35,500 even looks quite logical: you can again cause a lot of FOMO among market participants and throw off those who are 100% sure that a correction is about to begin.
I still remain in a short position with a fat minus on my shoulders and psychologically I even overcame the pressure that was a week ago. And to brighten the situation a little, I opened a small long on DOGE. Perhaps the dogs will soon get off their leash :)
Guys, don’t pay attention to the arrows, this is just a sketch so that the graph doesn’t look empty. The price may go according to a completely different scenario
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