I thought BTC would hit hard resistance and fall back to the
49K to $50k after it hit previous highs and have been waiting for those levels to go long again. However it looks like its forming an ascending triangle on the lower timeframes, so i've re-entered at the last low ~$54.5k. With this pattern forming theres a strong chance it moves up to $58k and then $61k before a reset to test new ATH in my opinion.
Thoughts?
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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.