Bitcoin / TetherUS
Long
Updated

🔥 Bitcoin Break Out Confirmed: Back To 50k

2417
Yesterday I made an analysis on Bitcoin where I discussed the possibility of a break out from ht bearish channel.

🔥 Bitcoin Break Out or Fake Out?


As mentioned in the previous analysis, a move through the 47k - 47.5k area was for me a strong indication to be confident in a porlonged bullish move.

As seen, the price encountered only minor resistance at the 47.5k, pulled back, and went right through it a couple of hours ago.

Things are looking quite good. I'm aiming for BTC to reach 48.5k within the next couple of days. After that, 50k.

Happy trading!
Note
48.5k reached! New analysis soon.

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