Long
Bitcoin breaking out uptrend, entering into exponential rise
Bitcoin is breaking out current uptrend, entering into exponential rise. As long as it holds the breakout, things could escalate quickly, heading to the next major resistance area at around ~4,000 CNY following the mirror pattern previously exposed in my other ideas.
Fundamentals, news and demand remain bullish which is helping price to move upwards.
Fundamentals, news and demand remain bullish which is helping price to move upwards.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.