TheForecasters

BTC's biggest BULL FLAG up ahead and $52 000 is our next target

BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
This is a very early sign and might even be too early but here goes. We can see that BTC might be trading in a very large bull flag pattern and a breakout to the upside will put our target at around 52 000 dollars. This is huge for BTC and can be seen as a very bullish sign.

Like I said though this is very early to tell and we can invalidate this pattern very easily if we breakout sooner. If not this pattern can hold and we can see BTC trading lower in the near future until either confirming or rejecting the lower channel.

I am very interested to see how this plays out.
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I am NOT a financial adviser. These are only my own speculative opinions, ideas, theories, hypotheses and trade setup ideas on the market. The content posted in this channel is purely for entertainment purposes only and the information is NOT to be used or replicated by others.

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