Bitcoin / BTCUSD is currently on a strong rebound on its 1week MA50.
It's 1week chart looks identical to Gold's 1month chart. Both are Cup and Handle patterns and Bitcoin lags behind.
Gold has already made its final parabolic rally and nearly touched its 2.0 Fibonacci extension.
This shows that BTC's potential is extremely big, eyeing (if symmetry plays out to the end) $300000.
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It's 1week chart looks identical to Gold's 1month chart. Both are Cup and Handle patterns and Bitcoin lags behind.
Gold has already made its final parabolic rally and nearly touched its 2.0 Fibonacci extension.
This shows that BTC's potential is extremely big, eyeing (if symmetry plays out to the end) $300000.
Follow us, like the idea and leave a comment below!!
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TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.