BITCOIN SET FOR BULLRUN!!

2020년 7월 7일

Hey there,

please like the post and follow me for more trading ideas.

Bitcoin has some clear structures forming on multiple timeframes.

We have a descending channel, indicating further upside once broken,

*the declining trendline connecting the monthly highs, ranging back to 20k.

*A possible falling wedge on the daily.

*A 3-DAY 9 buy on the TD-Sequential

*and consolidation after a bullmove, by correcting through time and not price.

All in all this looks bullish to me.
Of course btc is completely correlated with the stockmarket, like S&P500.
So we still have to depend on what stocks are doing.

Until then, take care.
Cheers,

Konrad