Warning: Massive Move About To Occur On Bitcoin!

10:01 pm, Sat, 3 July 21

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Warning: Massive Move About To Occur On Bitcoin!
Warning: Massive Move About To Occur On Bitcoin! Watch this converging triangle pattern playing out on the 4-hour timeframe

The Bitcoin price is getting ready to make a massive move in the coming days! Right now, the price is at the tip of the converging triangle pattern forming on the 4-hour timeframe.

If this breakout plays out, we can expect to see a massive rally either to the upside or downside in the coming days!

Warning: Massive Move About To Occur On Bitcoin!
Warning: Massive Move About To Occur On Bitcoin!

In this Bitcoin analysis, we will be talking about this coming breakout, the key levels we will be watching this coming move.

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Bitcoin Bullish Breakout

Key levels to watch for on the 4-hour timeframe. Buy now?

For a Bitcoin bullish breakout, we want to see the Bitcoin price break through the top of the converging triangle.

The key level to watch is the $36,599 horizontal resistance. A break of this resistance creates a higher-high structure that points to more move to the upside in the coming days.

Key levels to watch for on the 4-hour timeframe. Buy now?

Bitcoin Bearish Breakout

Warning: Massive Move About To Occur On Bitcoin! Watch this converging triangle pattern playing out on the 4-hour timeframe
Warning: Massive Move About To Occur On Bitcoin! Watch this key level playing out on the 4-hour timeframe

For the Bitcoin bearish prediction, we want to see the price of the cryptocurrency dump and break below the $32,831 horizontal support.

A break of this support is a high-quality bearish confirmation and could see the Bitcoin price sell-off massively soon.

Bitcoin bearish prediction on the 4-hour timeframe. Watch these key levels

Final Verdict!

Warning: Massive Move About To Occur On Bitcoin! Watch this converging triangle pattern playing out on the 4-hour timeframe
Warning: Massive Move About To Occur On Bitcoin! Watch this converging triangle pattern playing out on the 4-hour timeframe

Bitcoin is at a critical level right now on the 4-hour timeframe, sooner or later we expect to see a massive move occur in the cryptocurrency price. This move is bound to occur very soon in the coming days.

Until the price of Bitcoin breaks one of the two key levels we mentioned in this analysis, we will remain neutral, stand aside and wait for a breakout confirmation.

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