Upon technical analysis we created a Bullish Shark 🐮🦈 pattern, and have been in an upwards (ascending channel,) ever since. This movement allowed BTC to break its 3 month descending price action ⭐👏
Since ascending channels can be considered bearish, we have laid out some resistances (bearish targets)🐻🎯 ahead, in the event that the bullish shark/fib extension targets don't play out.
I am looking to hit a few of our bullish targets 🐮🎯listed above, and possibly push out of this ascending structure ⤴🔝 towards ~60k.
We are at the bottom of the channel currently, if we break below, this prediction is unvalidated.
Fundamentals: 🐶
For today🌏 we are focusing mainly on Elon Musk as he has a lot of influence in digital finance
With concerns of one of the only semi-uncensored media platforms becoming increasingly censored and biased🙈🙉🙊, Musk started adding stacks💸 of Twitter stock to his portfolio ~ Jan 23rd 2022,
Since Elon Musk has been gossiping about buying Twitter in the recent weeks, investors in Bitcoin have been rejuvenated💧 as free speech and decentralization kind of go hand in hand 🤲🆗
~ Half of BTC investors started investing in 2021, if you know about Network effect💻📳 and exponential growth↗, this is very alarming⏰ and should not go unnoticed 📌👀📈👍
What do you think Michael Saylor would do 🌪
Thank you so much!!!🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs and major trend lines etc. I always recommend looking at multiple charts when making a big investment. Always have a stop loss ✋🛑💲 set🆗
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.