My analysis shows why there is deep division on where bitcoin prices are going next. Both bearish and bullish charts look to be correct!
The BEARish chart shows a series of descending triangles, and a triple top. So it looks an imminent dump, and maybe Sept at $8800 or Jan 2021 at $7500 for a breakout?
On the other hand, it might have already broken out of a large descending triangle, and is on it's way to a bullish breakout
As you can see, both charts appear to be correct, so which one do we believe?!
The BEARish chart shows a series of descending triangles, and a triple top. So it looks an imminent dump, and maybe Sept at $8800 or Jan 2021 at $7500 for a breakout?
On the other hand, it might have already broken out of a large descending triangle, and is on it's way to a bullish breakout
As you can see, both charts appear to be correct, so which one do we believe?!