🔥 Bitcoin Broke Out Of The Megaphone Pattern!
Over the last couple of days I've seen several analyses on BTC and the fact that it was trading in a megaphone pattern. Many called for BTC to fall back to $20,000, but that was never really an option. With the classic banking system under stress, it has fundamentally never been a better time to own Bitcoin and have complete ownership of your funds.
With BTC breaking out of the megaphone pattern, we will likely see more bullish price action in the near future. Keep in mind that the $29,000 - $30,000 area is a massive area of resistance, since it's the bottom of the summer 2021 lows. Furthermore, BTC is severely overbought since it gained +45% in like 10 days.
Personally, I'm expecting something closer the analysis below.
With BTC breaking out of the megaphone pattern, we will likely see more bullish price action in the near future. Keep in mind that the $29,000 - $30,000 area is a massive area of resistance, since it's the bottom of the summer 2021 lows. Furthermore, BTC is severely overbought since it gained +45% in like 10 days.
Personally, I'm expecting something closer the analysis below.
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.