Bitcoin
Updated

Bitcoin moves towards 169K

739
Note: The financial market has risk and this is one of the strong scenarios of Bitcoin, manage the risk so that if the analysis expires, you will not suffer a large loss.

The price movement momentum is strong. This should be a post-pattern movement.

It seems that the Bitcoin triangle, which we have talked about many times before, has come to an end.

This triangle has lasted 1272 days.

The minimum target of this pattern is 0.78% of its biggest wave, which shows us the range of 169K.

It can run towards the target while maintaining the green range.

Closing a daily candle below the invalidation level will violate this analysis.


For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
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Many were waiting for Bitcoin's correction and drop, but this is a post-pattern move. We will see corrections, but Bitcoin's target remains high 👌🏻

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