Hello Everyone,
We're starting off by seeing the Bullish Pattern BTC is currently in right now, an Ascending Triangle. Inside this Ascending Triangle I am waiting for BTC to break this red support trend line that it's holding unto right now. This would be taking us to 48K level for BTC and will be completing it's third touch on the Ascending Triangle support line. After this short pullback, I would be expecting a continuation of the Bullish run it has been doing. If we do break this
Ascending Triangle resistance I would be looking for BTC to reach close to the 58K price which would be touching the 0.78 Fibonacci line.
We're starting off by seeing the Bullish Pattern BTC is currently in right now, an Ascending Triangle. Inside this Ascending Triangle I am waiting for BTC to break this red support trend line that it's holding unto right now. This would be taking us to 48K level for BTC and will be completing it's third touch on the Ascending Triangle support line. After this short pullback, I would be expecting a continuation of the Bullish run it has been doing. If we do break this
Ascending Triangle resistance I would be looking for BTC to reach close to the 58K price which would be touching the 0.78 Fibonacci line.