No change to the previous setup of the rising triangle I had posted. It looks like we are just starting our breakout to 58k. We still need a volume spike to confirm the breakout but we look really good right now. Only thing I am cautious about is the stock market which is currently at resistance. As long as it hold, I think BTC will be fine. This looks like a higher low in the big picture which implies the bull market is still intact and 100k at some point is possible.
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.