$85K BTC target of symmetrical triangle breakout
Updated
Bitcoin overnight broke out of the symmetrical triangle it's been in for the past couple of weeks.
From 59.2K to the 73.8K ATH, the depth of the triangle is 14.6K. The breakout area of the triangle was 70.4K. 14.6K = 70.4K = 85K as a target for this breakout in the coming weeks.
From 59.2K to the 73.8K ATH, the depth of the triangle is 14.6K. The breakout area of the triangle was 70.4K. 14.6K = 70.4K = 85K as a target for this breakout in the coming weeks.
Note
meant 14.6K + 70.4K = 85K
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.