Bitcoin - $200.000 price target!
Hello Traders and Investors, today I will take a look at Bitcoin.
--------
Explanation of my video analysis:
More than 4 years ago Bitcoin created a nice bullish ascending triangle formation and broke out above the resistance. This breakout was followed by a +270% move towards the upside. Currently Bitcoin is once again creating a similar ascending triangle formation and is currently retesting upper resistance. We might get a pullback but the overall trend is still very very bullish.
--------
Keep your long term vision,
Philip (BasicTrading)
--------
Explanation of my video analysis:
More than 4 years ago Bitcoin created a nice bullish ascending triangle formation and broke out above the resistance. This breakout was followed by a +270% move towards the upside. Currently Bitcoin is once again creating a similar ascending triangle formation and is currently retesting upper resistance. We might get a pullback but the overall trend is still very very bullish.
--------
Keep your long term vision,
Philip (BasicTrading)
Catatan
Bitcoin is correcting a little bit and everybody is freaking out.Just look at the technicals, situation is still more than clear:
Catatan
Keep in mind that BTC is still in a massively bullish trend...Absolutely no reason to freak out and run away - volatility is normal!
Keep your long term vision.
Trading newsletter👇🏻
basictrading.net
Trading newsletter👇🏻
basictrading.net
Keep your long term vision.
Trading newsletter👇🏻
basictrading.net
Trading newsletter👇🏻
basictrading.net
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.