Bitcoin - $200.000 price target!

Hello Traders and Investors, today I will take a look at Bitcoin.

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Explanation of my video analysis:

More than 4 years ago Bitcoin created a nice bullish ascending triangle formation and broke out above the resistance. This breakout was followed by a +270% move towards the upside. Currently Bitcoin is once again creating a similar ascending triangle formation and is currently retesting upper resistance. We might get a pullback but the overall trend is still very very bullish.

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Keep your long term vision,
Philip (BasicTrading)

Not

Bitcoin is correcting a little bit and everybody is freaking out.

Just look at the technicals, situation is still more than clear:

Not

Keep in mind that BTC is still in a massively bullish trend...

Absolutely no reason to freak out and run away - volatility is normal!

TheTraderPhil

#1 Video Author on @TradingView 🏆
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
3.2K Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD

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Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.

TheTraderPhil

#1 Video Author on @TradingView 🏆
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
3.2K Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD

Aynı zamanda::