As you can see Bitcoin is entering this bullish continuation symmetrical triangle which I believe we will break to the upside! Everyone in the crypto space is heavily bearish and expecting to see crazy low levels which I don't believe is the case. We are in a bull market and bitcoin is just cooling down before the next rally to the upside! We can still see about 1 week of sideways action before we do have a breakout or we can see it within the next days before this month ends. This move will be huge and most people will not be ready for this.
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.