EMERGENCY UPDATE!!!! THIS IS THE BITCOIN BREAKOUT WE HAVE WAITED FOR!!
With regard to my last Bitcoin analysis post Here=> BITCOIN HOLDERS GET READY FOR THIS MASSIVE BREAKOUT 3days ago that Bitcoin is still incredibly bullish.
Today I will giving more update on Bitcoin Current state in the market:
Today I woke up to Bitcoin at $50k, confirming my prediction from 3days ago, now let's go straight to the chart.
Screenshot taken by me from: TradingView
The chart above was from 3days ago, and the chart below you can see that my prediction played out perfectly, Price came back to the little green box which was resistance that got broken and then turned into support and price bounced off it.
As price bounced of it, price now made a big rising channel pattern, in the chart below.
Inside the channel you will see an Inverse Head and shoulder pattern which formed inside the channel, Inverse Head and Shoulder pattern, shows the price is still going up once it break the next resistance zone at $58k to $59k.
With once price breaks that resistance it just need to move 30% bullish to beat the old ATH( ALL-TIME-HIGH) and making new ATH, that be lead to the $100k target buy the end of the year.
Disclaimer: Not a financial or investment advice, just updating you on what is happening in the crypto market.
Posted Using LeoFinance Beta