In the 1-hour timeframe, Bitcoin is displaying a bullish pattern that suggests it should continue in that direction over the next 12 to 16 hours. However, it is important to note that if this expected movement does not materialize, the bullish pattern would be invalidated, potentially altering the short-term price outlook. Therefore, it is crucial to monitor the market's evolution closely in order to make informed decisions.
Trade active
Trade active Trade closed: stop reached
Without overanalyzing, cluttering charts, or drawing nonsense — I’m the best at delivering clean trades.
Follow me here and on X @Reydragon21
Follow me here and on X @Reydragon21
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Without overanalyzing, cluttering charts, or drawing nonsense — I’m the best at delivering clean trades.
Follow me here and on X @Reydragon21
Follow me here and on X @Reydragon21
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.