After this break with the bullish pennant pattern, I can't help but tell you what I think and hope for.
Looking at the chart from an annual perspective, I believe this is the most promising time for BTC.
The end of the year 2020 brought a price hike beyond logic, doubling from 20k to 40k.
Today after this breakup I hope he returns! I have indicated the points I have taken into consideration.
What gives strength to my idea today is the lateralization of these weeks which have accumulated a nice contraction with a pennant breakout that if we were to copy and paste last year's bullrun would take us to 85k.
the main support is the monthly one on which the candle bounced to 60k, a completely demolished psychological share.
Also note that for the RSI this share is no longer in the SELL area!
what do you think about it???
Looking at the chart from an annual perspective, I believe this is the most promising time for BTC.
The end of the year 2020 brought a price hike beyond logic, doubling from 20k to 40k.
Today after this breakup I hope he returns! I have indicated the points I have taken into consideration.
What gives strength to my idea today is the lateralization of these weeks which have accumulated a nice contraction with a pennant breakout that if we were to copy and paste last year's bullrun would take us to 85k.
the main support is the monthly one on which the candle bounced to 60k, a completely demolished psychological share.
Also note that for the RSI this share is no longer in the SELL area!
what do you think about it???