After 5% Multiday Decline Bitcoin Holds The Level!

Bitcoin seem to hold $26,500 for third consecutive day and the Weekend is about to start. Can we expect a Sunday pump?

It is difficult to say at this point as the hourly chart does not have a clear direction we could have a "W" pattern or "M" pattern. In the case of a W pattern it looks like the window has passed a few hours ago. and Bitcoin can't quite decide on the direction just yet!

However it is quite probable for Bitcoin to form "M" pattern within the next few hours and if that happens it would unfortunately not be a good sign!

One thing I am confident about is that we should find out the next move by the end of today!

All The Best,

Aventurine