Even after the Bitcoin halving, I have not seen people drawing out this long term triangle. So I thought I'd share this real quick. I drew this as a sketch a long time ago and it has been working out very well so far as you can see!
Since I see Bitcoin bullish in the long run and we are moving closer and closer to the breakout of this triangle, I think we can see it shoot up after the break the triangle.
Just wanted to share this for a bigger view on Bitcoin
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Thank you for inspecting my idea
I'm happy to receive any kind of feedback
Since I see Bitcoin bullish in the long run and we are moving closer and closer to the breakout of this triangle, I think we can see it shoot up after the break the triangle.
Just wanted to share this for a bigger view on Bitcoin
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Thank you for inspecting my idea
I'm happy to receive any kind of feedback
Note
We can see a beautiful breakout of the triangleWatch out for the previous highs from summer 2019!
We might see some resistance there.
We might even retest the pattern before we shoot up!
In case we retest I will be very bullish and defo buy some more bitcoin!
Good luck traders!
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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.
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.