- Bitcoin is currently breaking out of the falling wedge - bullish reversal pattern. - The ascending triangle is also being destroyed by the bulls right now! - We can see elevated volume during this breakout. - Looks like the bearish market structure is broken and we can finally experience some bullishness. - I think 0.618 FIB is the minimum target, then the bears can step in again.
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.