🔥 Bitcoin Breaking Out! $40,000 Here We Come 🚀

2023년 11월 1일

Bitcoin is currently in the process of breaking out of a bullish flag pattern that has been in the works ever since we hit 35k last week.

If we can get a 4H candle close above 35,250 I'm considering it a successful break out, with a likely continuation of the bull trend.

40k is my target for now, as per my initial bullish break out analysis several days ago.

Keep in mind that we have a FED meeting tonight. The market expects the rates to remain the same, so unless the FED will surprise the market it should be business as usual?

Nevertheless, things are looking better for the bulls!

2023년 11월 1일

노트

Big rejection from the resistance. Signal is still active.

2023년 11월 1일

노트

Initial FOMC reaction seems bullish, but it's mainly alts that are pumping. Good news?

2023년 11월 1일

노트

BREAKOUT

2023년 11월 2일

노트

Break out didn't last. Although stocks have been seeing big gains today and yesterday, BTC is still failing to keep the trend going. Currently hoping that the resistance (now support) will hold and cause a bounce in the next few hours. A move back into the triangle is definitely bearish.

2023년 11월 6일

노트

BTC continues to make higher-lows. Bullish. Waiting for break out, should happen soon!

2023년 11월 7일

노트

Another break out attempt as we speak