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Bull FLAG for BTC on weekly
I have been posting recently, mostly NON-technical analysis for btcusd. But here is a very easy to spot BULLISH continuation flag.
BTCUSD should expect either one of two scenarios (Technically speaking):
1- Continue through the channel by retracing back to around 25k.
2- Break anytime soon (Refer to my idea about timing :
), to reach 29k, then 33k.
Since, I am expecting bitcoin to gain mainstream support after June 8th, then both are actually possible.
In all cases, By end of June, BTC should finally break out of this channel.
BTCUSD should expect either one of two scenarios (Technically speaking):
1- Continue through the channel by retracing back to around 25k.
2- Break anytime soon (Refer to my idea about timing :
Since, I am expecting bitcoin to gain mainstream support after June 8th, then both are actually possible.
In all cases, By end of June, BTC should finally break out of this channel.
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