We are currently in a classic Bitcoin setup
In traditional markets this poses as a bearish pattern - uptrend losing steam
However, past performance in Bitcoin hints at further upside
- Macro trend still in bull territory
- Rising wedge coiling up for an explosive move
- Short squeeze at psychological 50 k region
Nothing is guaranteed, so it's best wait until confirmation
Good Luck to All!
In traditional markets this poses as a bearish pattern - uptrend losing steam
However, past performance in Bitcoin hints at further upside
- Macro trend still in bull territory
- Rising wedge coiling up for an explosive move
- Short squeeze at psychological 50 k region
Nothing is guaranteed, so it's best wait until confirmation
Good Luck to All!
Note
Breakout confirmed!
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.
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.