BitcoinLong
Symmetrical Triangle - Price broken above
First time in 3 years the price has broken above th Symmetrical Triangle.
So looks like the next target is +$15,000.
Other reasons this looks like a nice trade are the following:
~ Investors piling their money in BTC as a safe haven alternative investment as Market Cap exceeds $200 billion.
~ Approval for US banks to facilitate and accomodate transactions
~ Broken above the psychological $10,000 level which will attract buying
~ Major whales are piling their money in Bitcoin...
So looks like the next target is +$15,000.
Other reasons this looks like a nice trade are the following:
~ Investors piling their money in BTC as a safe haven alternative investment as Market Cap exceeds $200 billion.
~ Approval for US banks to facilitate and accomodate transactions
~ Broken above the psychological $10,000 level which will attract buying
~ Major whales are piling their money in Bitcoin...
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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.