After getting close to ATH, Bitcoin cooled off a bit to gain some momentum. It is now forming a bullish flag and we're about to test its resistance.
A successful breakout will for sure take us to the new ATH. If we fail, we will likely test the support of the bullish flag at around 14,000 EUR.
What's your take? Let me know below your thoughts.
A successful breakout will for sure take us to the new ATH. If we fail, we will likely test the support of the bullish flag at around 14,000 EUR.
What's your take? Let me know below your thoughts.
Note
Breakout above the bull flag confirmed, descending RSI trendline also broken.
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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.