BitcoinLong
Resistance turned into support!
Bitcoin formed a new bullish pattern after forming a small double top. At around 45k, BTC formed a double top which reversed the trend, but the 42k level hold us and we formed a nice pattern. It has a high probability of breaking upwards. Target is around 50k, which would bring Bitcoin back in an uptrend.
This is, as always, no financial advice.
This is, as always, no financial advice.
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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.