BitcoinLong
Bitcoin bullflag ready for next leg up
After a huge breakout from its falling wedge Bitcoin has been consolidating for a while and maintained its closing price above 30K. At first it seemed that it was forming a triangle with breakout potential to its upside. Though as soon as that seemed to happen it turned out to be a fakeout from a flag pattern instead of a triangle. In any case: the short term looks very bullish. The MACD is slowly also changing its direction + price moves completey sideways on the lower time frames.
My personal view is that we are preparing for another leg up towards 35-36k.
#NFA #BITCOIN #BULLISH
My personal view is that we are preparing for another leg up towards 35-36k.
#NFA #BITCOIN #BULLISH
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