Hello Traders! 👋
What are your thoughts on Bitcoin?
Bitcoin has broken above its descending trendline and formed a new higher high. The price is now in a consolidation phase, taking a short pause after the breakout.
We expect the bullish trend to remain intact. After a pullback to the broken trendline and some consolidation in the support zone, Bitcoin is likely to resume its upward move toward higher levels and new all-time highs.
The overall market structure remains bullish, and this consolidation phase could present a buy-the-dip opportunity.
Is Bitcoin ready for the next leg higher, or will the pullback go deeper? Share your view below! 🤔👇
Don’t forget to like and share your thoughts in the comments! ❤️
What are your thoughts on Bitcoin?
Bitcoin has broken above its descending trendline and formed a new higher high. The price is now in a consolidation phase, taking a short pause after the breakout.
We expect the bullish trend to remain intact. After a pullback to the broken trendline and some consolidation in the support zone, Bitcoin is likely to resume its upward move toward higher levels and new all-time highs.
The overall market structure remains bullish, and this consolidation phase could present a buy-the-dip opportunity.
Is Bitcoin ready for the next leg higher, or will the pullback go deeper? Share your view below! 🤔👇
Don’t forget to like and share your thoughts in the comments! ❤️
Order cancelled
Price hit the target directly, without any retracement.
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Related publications
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.
✅MY FREE FOREX &CRYPTO SIGNALS TELEGRAM CHANNEL:
t.me/+1gFAIO4CJJw3NTU0
✅INSTAGRAM:
instagram.com/marketanalaysis
t.me/+1gFAIO4CJJw3NTU0
✅INSTAGRAM:
instagram.com/marketanalaysis
Related publications
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.