BitcoinLong
Bitcoin weekly bull set up
Bitcoin is setting up a beautiful double bottom pattern on the weekly timeframe. Not only is there a double bottom but bitcoin price has broken out a 6 month consolidation last week. With NFP approaching this week, I will be looking for buy positions if or when price retraces. I dropped a fib retracement as well, I liked 62k for a long position.
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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.