BTC just broke out of a descending wedge on the daily chart, a strong bullish signal. It’s now holding well above key support and the 50-day moving average, showing buyers are in control.
If BTC stays above $106,400, we could see a move toward $121K next.
DYRO, NFA
Trade active
Bitcoin just broke out, pulled back perfectly, and held strong.This looks like the real deal. Eyes on $121K next.
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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.