Bitcoin

BITCOIN - SHORT TERM - WHAT TO EXPECT? - CryptoManiac101

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BTC / USD TA

What to expect in short term?

There are actually few scenarios, including bull inverse head n shoulders, bull flag on target time frame, short term bearish trend and more.

Safe short term target would be just around $9,900 zone, with resistance just around $10,500 area. Longer term bear target if confirmed would be around $8,800 zone which is also right at our channel support with bull target if confirmed on break of local resistance at $10,500 would be $12,200 followed by $16,000

At this point if you're interested in staying safe, setting up hedge positions would be best. Riskier investors should trade the trend.

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