⚠️ Disclaimer: All opinions expressed herein are for informational purposes only and should not be construed as financial advice. Cryptocurrency trading involves significant risks. Consult a financial professional before making any investment decisions. 📈📉
In our assessment of Bitcoin, we've identified a short-term reversal pattern, focusing on the 1-hour timeframe based on the teachings of Dr. Alexander Elder. We observe the formation of a descending wedge and a double bottom. Additionally, a notable time gap requirement at 66k on the CME1 suggests a move towards 69k. However, it's important to note that the interpretation of indicators and market forecasts carries risks and uncertainties. This commentary is provided for informational purposes only and doesn't constitute financial advice. All analysis is courtesy of GF1BIGTAKE, your official hub for indicators and trades.
In our assessment of Bitcoin, we've identified a short-term reversal pattern, focusing on the 1-hour timeframe based on the teachings of Dr. Alexander Elder. We observe the formation of a descending wedge and a double bottom. Additionally, a notable time gap requirement at 66k on the CME1 suggests a move towards 69k. However, it's important to note that the interpretation of indicators and market forecasts carries risks and uncertainties. This commentary is provided for informational purposes only and doesn't constitute financial advice. All analysis is courtesy of GF1BIGTAKE, your official hub for indicators and trades.