#BTC: QUICK UPDATE!!
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BTC is forming a bull flag-like pattern in 1hr time frame and it is holding an important trendline support so far. Currently, it is retesting the flag. If it maintains this retest level and bounces we can expect another upside movement up to the 68k level.
Target:- 68k
Invalidation:- 1hr close below the trendline.
What are your thoughts on BTC's current price action? Share your analysis in the comments below!
If you enjoy this analysis, a thumbs up and follow would be greatly appreciated!
BTC is forming a bull flag-like pattern in 1hr time frame and it is holding an important trendline support so far. Currently, it is retesting the flag. If it maintains this retest level and bounces we can expect another upside movement up to the 68k level.
Target:- 68k
Invalidation:- 1hr close below the trendline.
What are your thoughts on BTC's current price action? Share your analysis in the comments below!
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