Bitcoin to 5000+
Updated
Looks like a symmetrical triangle with clear volume contraction. With a bullish divergence on the RSI, there should be a short-term bullish breakout soon to the ~0.618 retracement.
Note
Watch out for a possible failed bear breakout with low volume. If bearish volume increases, expect $3000 or lower.
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.