Bitcoin Daily View — Triangle in Play, Bears May Stay

In my view, Bitcoin is currently forming a corrective triangle (ABCDE), and the breakout seems more likely to occur to the downside.
🎯 Targets:
• 1️⃣ 98,000
• 2️⃣ 94,000
• 3️⃣ 92,000
❌ Invalidation Level: 104,500
In my previous posts, I mentioned that I expect Bitcoin to eventually reach 83,000, but for now, I’m setting my target at 92,000, as I don’t think it will drop that far immediately.
⚠️Disclaimer: This is just my personal market view, not financial advice. Always trade with stop-losses!
💬 Share your thoughts in the comments and follow for upcoming Bitcoin updates!
🎯 Targets:
• 1️⃣ 98,000
• 2️⃣ 94,000
• 3️⃣ 92,000
❌ Invalidation Level: 104,500
In my previous posts, I mentioned that I expect Bitcoin to eventually reach 83,000, but for now, I’m setting my target at 92,000, as I don’t think it will drop that far immediately.
⚠️Disclaimer: This is just my personal market view, not financial advice. Always trade with stop-losses!
💬 Share your thoughts in the comments and follow for upcoming Bitcoin updates!
Ordem cancelada
I’ve revised my forecast and I’m closing this idea because I don’t think it will play out. Bitcoin might now be forming a correction in the form of an ABC pattern, rather than the ABCDE triangle I previously expected. This means the correction could be larger than it would have been if it were a full ABCDE trianglePublicações relacionadas
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Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.