🔥 Bitcoin Will Soon Break Out: Bullish Triangle
Updated
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
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.
Note
Profit target 1 ✅
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