🔥 Bitcoin Finally Breaking Out? Part 2

By FieryTrading
Last week I made an analysis on Bitcoin where I wrote that I was expecting a break out from the range. However, BTC reversed sharply after hitting the ~31.5k resistance. No entry has been made in the previous analysis because we didn't close above the yellow area.

🔥 Is Bitcoin Finally Breaking Out? High Volatility Signal


As of now, BTC is seeing another strong influx of buyers. Again, I'm looking at the same structure and hoping for a bullish break out. Close above 31.5k to trigger the signal.

39k is the target because it's around the middle of my Elliot Waves analysis range, see below.

🔥 Why I'm Still Bullish: Bitcoin Elliot Waves Analysis

Bitcoin (Cryptocurrency)BTCChart PatternscryptoETHEthereum (Cryptocurrency)Technical IndicatorspatternStocksTrend Analysisusdt
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