BTC $50k Target on the 4 Hour Chart
I've charted a symmetrical triangle on the 4 hour chart. A breakout usually occurs in the area of 75% to the apex of the triangle and 60% of the time this breakout is upward. January 21 is when we will hit the 75% point. The green arrow line is the rough path I believe the price will take on its way to 50k. The .618 and. 786 Fib levels are there just for reference. TIme to watch and wait!!!
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.
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.