Hi fellow traders, I've been posting many charts on BTCUSD lately because we are getting closer and closer to the point where we will see Bitcoin rise once again. It is important to look at the bigger picture now on the weekly. I believe this is a large corrective structure in the shape of an expanding flat pattern. Thus we will break de previous bottom at 28k and we should see a sharp rise from anywhere within the blue box. I will keep updating the BTCUSD chart on smaller TF's. For now, stay patient guys. Goodluck!
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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.