Bitcoin
Long

BTCUSDT 1D - Bullish Flag + TRIANGLE

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BTCUSDT 1D - Bullish Flag + TRIANGLE

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BTCUSDT 1D - Bullish Flag + TRIANGLE

BTC continues to develop a huge bullish flag pattern that has not yet broken upwards. And it continues to mark new lower highs.

On the contrary, from the lows at 49K, BTC is developing a climb of increasing lows.

Both trends configure a TRIANGLE that must be resolved either with an upward impulse looking for 70k, or breaking the increasing lows and posing a bearish scenario.

We will have real bullish impulses when it breaks 66500 and reaches 69k - 70k.

Right now, I see BTC looking more for 120 than 58k, but nothing is written here and both things could happen. Fall to 58k and flight to 120k with its corresponding stops along the way.

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