Bitcoin: Eyes record highs on bull flag breakout
Bitcoin's hourly chart shows a bull flag breakout. The pattern usually accelerates the preceding bull move, which is the recovery from 43K in this case.
The breakout validates the big green bullish mzrubozu candle created on Monday and suggests scope for a re-test of record highs above 58K.
The breakout validates the big green bullish mzrubozu candle created on Monday and suggests scope for a re-test of record highs above 58K.
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.