BTC has a history of extreme fakeouts. I am carefully watching this technical development to see if the triangle breakout fails after reaching the .5 fib.
Barring a fakeout, we may attempt to make new highs. Tesla has not sold its BTC, neither has Elon, mining has stabilized. A lot of fundamentals have changed back to bullish. We are now awaiting regulatory clearance from the USA.
Lets watch and see what happens ;)
Barring a fakeout, we may attempt to make new highs. Tesla has not sold its BTC, neither has Elon, mining has stabilized. A lot of fundamentals have changed back to bullish. We are now awaiting regulatory clearance from the USA.
Lets watch and see what happens ;)
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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.