This triangle is self-explanatory. If the price breaks out of the top as expected the minimum target is about $25,250 or so.
The breakout of the diamond pattern below the triangle is even higher at about $28,000
Good luck!
BBS Out.
Note
Triangle target hit, but there is sill more possible upside to come.
Still long (of course) :0)
BBS Out!
Trade closed: target reached
After hitting a high of $27,922 on Coinbase I'm going to go ahead and say the 28K target has been reached. If I was actually trading instead of hodling I would be taking some profits at this level. Does that mean Bitcoin is going to stop? Oh heck no, but it may very well take a pause, spike to 30K, or even correct a bit lower. Either way, locking in some profits would be a good thing to do as a trader. As a hodler, I'll be riding out whatever happens as I have been doing for years.
My personal price targets have not been hit yet so I will not be giving back any Satoshi any time soon. :0)
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