Bitcoin is in a bullish broadening wedge pattern!
Bitcoin tested key diagonal trendline support (on log scale) as marked by yellow arrows!
Trump's inauguration on January 20th, 2025, marked the local top, and now I expect the Trump tariff day event on April 2nd, 2025, to mark the local bottom, which can lead to a massive move to the upside in the coming weeks and months!
I overlaid the Sept 2023 breakout fractal to show how bullish breakouts can lead to the fib targets near the yellow magnets on chart in the coming months!
BTCUSD
Bitcoin tested key diagonal trendline support (on log scale) as marked by yellow arrows!
Trump's inauguration on January 20th, 2025, marked the local top, and now I expect the Trump tariff day event on April 2nd, 2025, to mark the local bottom, which can lead to a massive move to the upside in the coming weeks and months!
I overlaid the Sept 2023 breakout fractal to show how bullish breakouts can lead to the fib targets near the yellow magnets on chart in the coming months!
BTCUSD Trade active
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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.