BitcoinLong
BITCOIN (BTCUSD) Bullish Trend Continues
Bitcoin has shown a strong bullish pattern on the 7-hour chart, specifically an ascending triangle which indicates bullish accumulation and has broken through its resistance.
The current setup includes a trend line and a broken horizontal structure forming a contracting demand zone.
It is likely that the bulls will continue to drive prices higher.
The current setup includes a trend line and a broken horizontal structure forming a contracting demand zone.
It is likely that the bulls will continue to drive prices higher.
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Join our Telegram channel for daily market update 👇👇
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For paid signal👇👇 t.me/linofx1999
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
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.