BTC is repeating previous swing low pattern, Mean BTC in longer run is till bullish and right now its doing retracement for new swing high.
In a longer run, BTC will retrace till 0.5 Fib level which is $80300, and approx. duration for this retracement would be. 180 days (6 Months).
After retracement completion BTC will rise for $140k.
Confluences : RSI is...
BTC Formation Bullish flag Pattern
Date : 08 Sep 2024
Bullish Hard confirmation Level : $74,500
Bullish Continuation Level : 96,434
No Bearish Divergence found when price started lower trend at flag pole Dated 11 Mar.
