Bitcoin
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Updated

#BTC/USD Update

#BTC/USD Update

Breakout in 30 minutes Time frame and We had a nice weekly candle close at 50600$ which is definitely a bullish sign for mid-term.


#Bull_Flag (Long-Term) and Triangle (Short-Term) pattern breakout may through us to more than $52000 in the really short term.

⚠️ If we stay above this flag, we may be targeting +55 000$.
Note
#BTC/USD Quick Update

Analysis Succeeded. ✅

#BITCOIN as managed to bounce from the fateful support level of 48 000 / 49 000 today and actually trading around 51 000 area as we expected it.

Bitcoin has to manage to hold upper the price of 51 500$ to keep targeting 54 000 / 55 000.

Technically, we are still positive at the 1D frame. In 4 hours frame, the indicators are positive.

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