andrewtrader97

bitcoin to 70-75k

Long
BYBIT:BTCUSD   None
(sorry for my english french guy ) for what i can see bitcoin is stuck in a ascending channel since january 2021! after we had a nice falling wedge break out in the 45k area! a new all time high was made 62k! a rejection close to are top resistance trend line of the channel bring us to around 50k ! For now i see bitcoin forming a bull flag and respecting it as well ! Nice bounce on the 50 daily ema who was acting also in support in the past , a bounce on the support bull flag trend lend and a bullish engulfing on the 0.382 fib level !! a nice break out of the 57-58k zone can bring us to are next fib level (1.618)who is also the top resistance of the ascending channel !
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