#CryptoRegulation VIP MARKET UPDATE: $BTC ➖➖➖➖➖➖➖ We shorted the top and now BTC is forming a bullish Bat pattern and is currently trading above horizontal support. A range-bound move could be expected in this area.
However, if it breaks down and retests the horizontal support, that would serve as a clear bearish signal. ➖➖➖➖➖
#CryptoRegulation ➖➖➖➖➖➖➖ We shorted the top and now BTC is forming a bullish Bat pattern and is currently trading above horizontal support. A range-bound move could be expected in this area.
However, if it breaks down and retests the horizontal support, that would serve as a clear bearish signal.$BTC
VIP MARKET UPDATE: $BTC ➖➖➖➖➖➖➖ Bitcoin is trading in a range between $101,800 support and $105,000 resistance. Price is currently testing the support zone with weak bullish momentum.