#BTC Weekly Technical Analysis.

Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!

I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.

#Bitcoin Long Term Technical Analysis:-

In this weekly time frame, BTC is trading inside this rising expanding triangle pattern and is currently at the lower level of this pattern.

Which is at 1428D long Strong support BTC must hold this level. If BTC breaks down to this level then $11k to $12k is the next stopping point.

I am accumulating BTC in this range and what if BTC drop towards 11k to 12k then I will buy more, no one can catch the accurate bottom.

This chart is likely to help you make better trade decisions if it does consider upvoting it.

I would also love to know your charts and views in the comment section.

Thank you

노트

노트

As you can see in the chart in 2021 BTC did this fack out after the breakout of this descending triangle pattern so this time too we can expect the same move.

let's see is history is going to repeat or not

노트