I was looking at the gap is that we we are actually seeing kind of a bull flag on the come chart i think we can i just want to point that out before we continue we we can see the bull flag on the come chart but obviously we don't see it in the spots chart but just for the sake of i just want to show you the technical targets the bull flag would have a target of 12,440 in the come chart source

Price And Market Analysis

You can use that information however you want i'm going to focus more on the spots charts and on the spots chart i don't think we are seeing a bull flag however we do see potentially something like this we have a descending resistance and we have an upwards trending potential support i don't think that this support line is not really the most beautiful one i've seen before but it is possible that we we are forming a triangle this could be a horizontal triangle and of course seeing volume going down slightly here
Bitcoin going sideways in in this consolidation phase ever since we saw this this bearish divergence we have to eventually watch out for a big breakout i think that a massive move is coming extremely soon probably today it's monday but tomorrow it's very possible that we might see a huge move this this move outside of this triangle needs to happen before well the fir the 20st of october today It's the 19th and i would say that tomorrow or the latest the day after tomorrow but i think tomorrow we are most likely going to see a big move out of this triangle so basically on monday tomorrow and play with the targets here out of this horizontal triangle if we were to break out to the upside we should be looking for a 11.9 k if we were to bring to the downside then we would have a target of 10.8 which lines up extremely nicely here with the head and shoulders targets

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