BitcoinLong
Bitcoin Bullish Breakout
We have an insane downtrend on the RSI and recently we formed a triangle on it.
Now space getting very tight and looks to we want to breakout to the upside within a week.
Would make sense with Paraguay news this week.
We are also holding above the downtrendline on the daily timeframe for more then 7 days now.
Adding that onchain data looks very good for a good upside move at least to 40K and the RSI to around 80.
Now space getting very tight and looks to we want to breakout to the upside within a week.
Would make sense with Paraguay news this week.
We are also holding above the downtrendline on the daily timeframe for more then 7 days now.
Adding that onchain data looks very good for a good upside move at least to 40K and the RSI to around 80.
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