I told you; we had all chances in favor for another ATH break. Relatively strong momentum, reliable structural support (refer to the yellow lines marked in the chart), upwards direction, the MA as support, great diagonal channel formation and moderate volume for a trend continuation.
Congrats for those who bought the dip at $43k. Personally, I did, but as a short-lived trade and then opened a position trade @ $51k.
Congrats for those who bought the dip at $43k. Personally, I did, but as a short-lived trade and then opened a position trade @ $51k.
Note
Click the idea below this text for my initial view toward the new ATH break."Bitcoin: Seems strong enough to break ATH".
I forecasted it at exactly $60k
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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.