Bitcoin — Bull Flag Scenario Still On The Table — Target 100k
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Bitcoin's latest crash reinforced the HTF bull flag scenario. BTC touched the flag's lower boundary precisely and rebounded strongly.
A breakout to the top would provide an extremely bullish signal and bring 100k back on the table. However, we are not there yet.
Nevertheless, besides the logical resistances at 60k and the previous ATH, the bull flag scenario is one of the most important setups to watch right now.
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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.