Bitcoin is above the 200 EMA and MA on small mid and high time frames up to the 12h, this indicates we are in a uptrend, the daily time frame we are unfortunately still below the 200 EMA and MA which is $24000-$25000.
We have a potential Bull flag pattern happening which I have measured the potential target, if this plays out it will give us a nice leg up, the market will flip very bullish in general if we can get above $25000!
We have a potential Bull flag pattern happening which I have measured the potential target, if this plays out it will give us a nice leg up, the market will flip very bullish in general if we can get above $25000!
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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.