BITCOIN – 21 May

Another possible mini triangle forming at the intersection of the up channel midway and the bull flag resistance top. Which way will it breakout? I m more bias for downside move to complete the possible HS right shoulder testing the support level around 7300. This will make a good pullback breather for the MA to catchup on the price on daily chart.

News: SEC BTC ETF delay again(Current) | (Upcoming)

Short term moving average (day candle) :
Network Value to Transactions Ratio :100
Total marketcap :247
Dominance :56.6
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :

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