Disclaimer : I am not a professional. But i have been calculating bitcoin price. Below is the tentative value of bitcoin, considering the value is ranging between 7-8K.
Purple line is 50 weekly Exponential Moving Average and Red line is 200 weekly Exponential Moving Average.
Green line is tentative value of bitcoin.
50 Weekly EMA is starting in dec end and would...
Bitcoin looks like making higher lows and higher highs with 10.2K being the high to break for ascending triangle formation.
12.8k would be the target it the breakout is confirmed
