IF MARKET GO TO GREE SIDE BITCOIN IS BREAKING OUT TO $12,000 And Price Analysis

Bitcoin is breaking higher and just make a quick little update about the the macro kind of structure we've been looking at or the bigger picture and bitcoin has been bouncing between support and resistance in this bigger horizontal triangle and when we broke out to the upside source link Bitcoin is going to go bullish obviously because we're breaking out out of a horizontal triangle and this is what i've showed you this is the target if we pull this from there put it at the point of the breakout then we see that the target is all the way up here at twelve thousand approximately this level is maybe a better point to take profits we have some previous resistance you see resistance there and slightly below twelve thousand dollars or twelve thousand dollars and far from the point of the breakout
Bitcoin seven percent and to the exact top here we would be that would be an 11 trade if you were to hold all the way up to that level now into the one hour time frame we can see that bitcoin breaking through this green resistance box that i was talking much about because of previous resistance support there

This is maybe not really support but we saw a little bit of significance we know that this level seems a big horizontal level and well we did see a lot of resistance here before bitcoin finally actually broke through here to the upside and right now bitcoin is trading at 11.4

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