As presented yesterday, BTC printed an Adam and Eve formation which was confirmed and that pushed us close to 40k. If you longed the triangle breakout or confirmation point, you made a nice gain!
Interestingly, with this push the BTC market cap dominance also broke-up from the apex / pennant suggesting we may see BTC getting back to +70% market dominance (see below the link to my idea).
If we pass the current resistance level at around 40k, then we're clear to re-test ATH or exceed it. Bias remains bullish as long as we don't break below the 36k level.
If you are in a long position, hold onto it, we may go much higher!
Like and follow if you liked this idea!
Interestingly, with this push the BTC market cap dominance also broke-up from the apex / pennant suggesting we may see BTC getting back to +70% market dominance (see below the link to my idea).
If we pass the current resistance level at around 40k, then we're clear to re-test ATH or exceed it. Bias remains bullish as long as we don't break below the 36k level.
If you are in a long position, hold onto it, we may go much higher!
Like and follow if you liked this idea!
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