Last trade hit it's target... ...so now you can be wondering where is our mighty Bitcoin headed to?
After breaking out of the yellow triangle I think 51.5K is the next destination. The only hurdle is the white downtrendline. Once broken we could see next leg up. Notice how the price is being compressed while approaching apex of white trendlines. Something is cooking...🍲
Looking at the bigger picture... ...the move to 51.5K makes sense to me.
Check my other stuff in related ideas.
Please like👍, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
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.