ThomasManning

BTC pattern change

BITFINEX:BTCUSD   Bitcoin
BTC is currently setting up a pattern for a wider bull flag channel or a possible bearish consolodation channel. A short term 5 min descending triangle pattern is also possible to find more footing to establish a longer term time frame. Considering ETH has been leading the markets bull run and is currently setting atleast 5 min lower highs and lows and is extremely over extended on the 4 hour time frame, I'm leaning a little bearish.

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