Hellow trader!
After a rise from 38.5K strong Support, BTC is now at 42.5 its about 11% rise.
Now BTC needs some more strength to break the previous high and for that BTC is in accumulation/consolidation. The pattern BTC has formed is an expanding triangle and currently, it's at the top of the pattern and i am expecting a retracement from here towards supportive trendline.
There is a chance that BTC can push further upside and can break the upper trendline and later it will fall.
In both cases, we will see a drop soon.
Don't forget to hit the like button and follow to stay connected
After a rise from 38.5K strong Support, BTC is now at 42.5 its about 11% rise.
Now BTC needs some more strength to break the previous high and for that BTC is in accumulation/consolidation. The pattern BTC has formed is an expanding triangle and currently, it's at the top of the pattern and i am expecting a retracement from here towards supportive trendline.
There is a chance that BTC can push further upside and can break the upper trendline and later it will fall.
In both cases, we will see a drop soon.
Don't forget to hit the like button and follow to stay connected
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。