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🔥 Bitcoin Break Out Confirmed: Back To 50k
Bitcoin / TetherUS
Long
🔥 Bitcoin Break Out Confirmed: Back To 50k
By FieryTrading
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Updated
Sep 16, 2021
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Sep 15, 2021
Yesterday I made an analysis on Bitcoin where I discussed the possibility of a break out from ht bearish channel.
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!
Sep 16, 2021
Note
48.5k reached! New analysis soon.
Bitcoin (Cryptocurrency)
BTC
Chart Patterns
Cryptocurrency
Technical Indicators
Parallel Channel
Trend Analysis
usdt
FieryTrading
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