In my most recent analysis I talked about the fact that BTC was breaking out through the $25,300 resistance (summer 2022 resistance and 200-week SMA). After a minor retracement back to $24k, it seems that we're about to make a new attempt of breaking out in the near future.

Over the last days, we've formed a bullish triangle. Is we can convincingly break above
25K, we're likely retesting $25.3k and potentially even $26k.
The stock market is really helping us today. BTC is, thus far, lagging and needs to make up for it.
Things are looking great in the short-term.

Over the last days, we've formed a bullish triangle. Is we can convincingly break above
The stock market is really helping us today. BTC is, thus far, lagging and needs to make up for it.
Things are looking great in the short-term.
Note
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🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Related publications
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.