Bitcoin

BTCUSD 1week

75
BTC need to break out the yearly old resistance(red line ; falling wedge) and keep the price above it for trend reversal.

If BTC formed an IHS pattern and it made to break out the neckline, BTC could reach its target, app 7000.

BTC is standing on the 200D MA now and it's good signal for the bulls.
Can BTC make 7 green soldiers? Let's wait and see.

I really hope we can enter the spring.

Good luck

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.