Bitcoin is forming an ascending triangle. Entry can be placed safely above the triangle's top @ 17750.
First target is just below psychological level 20K.
Second target is around the Fib extension .
When the price reaches each of these targets the consolidation and reversal risk increases so pruning risk is advisable.
First target is just below psychological level 20K.
Second target is around the Fib extension .
When the price reaches each of these targets the consolidation and reversal risk increases so pruning risk is advisable.
Note
We are pressing o the 18k sell wall. If that gets bought through or taken down, we should se another period of rapid advance.Note
Sell wall down.Note
First target Reached 19750
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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.