BTC# 84 -- 08.03.2021 Consiliation before breakout?!
Hello together,
enclosed as every day is my daily update on the BTC price!
We formed a nice W pattern over the weekend and saw a nice breakout up to our neckline of the big inverse H&S. Here we were, as expected slightly rejected and consilidate a bit.
In my opinion, this consilideration can last a bit before BTC start the final move up! My price target to the upside, and thus the breakout of the inverted H&S pattern, would be around $62,000. That would take us to a new ATH. I assume if we break our old ATH, that we can expect an explosive move from BTC that can take us to around $75,000.
keep an eye on the neckline!
Stay healthy!
Your Schueco / BTC Moneymaker
P.s.: Don't forget to like and follow so you don't miss anything!
enclosed as every day is my daily update on the BTC price!
We formed a nice W pattern over the weekend and saw a nice breakout up to our neckline of the big inverse H&S. Here we were, as expected slightly rejected and consilidate a bit.
In my opinion, this consilideration can last a bit before BTC start the final move up! My price target to the upside, and thus the breakout of the inverted H&S pattern, would be around $62,000. That would take us to a new ATH. I assume if we break our old ATH, that we can expect an explosive move from BTC that can take us to around $75,000.
keep an eye on the neckline!
Stay healthy!
Your Schueco / BTC Moneymaker
P.s.: Don't forget to like and follow so you don't miss anything!
YOUTUBE:
youtube.com/channel/UCh8EqZyAUunyl1ryHeZAaSw
Krypto Ausbildung:
trademania.bitbull-trading.com/
Free Telegram Group:
t.me/BK_btc_trading
youtube.com/channel/UCh8EqZyAUunyl1ryHeZAaSw
Krypto Ausbildung:
trademania.bitbull-trading.com/
Free Telegram Group:
t.me/BK_btc_trading
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