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carvil_
Dec 12, 2020 6:25 PM

BTC making a bullish flag on the daily chart Long

Bitcoin / EuroCoinbase

Description

After getting close to ATH, Bitcoin cooled off a bit to gain some momentum. It is now forming a bullish flag and we're about to test its resistance.

A successful breakout will for sure take us to the new ATH. If we fail, we will likely test the support of the bullish flag at around 14,000 EUR.

What's your take? Let me know below your thoughts.

Comment

Breakout above the bull flag confirmed, descending RSI trendline also broken.

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