CobraVanguard

BTC can reach 70k! Stochastic confirms!

Long
COINBASE:BTCUSD   Bitcoin
Hi every one
Bitcoin / U.S. Dollar


BTC has been bearish Since Creating a New ATH (69K) But this Corrections are Normal Since so many People have FOMO (Fear of Missing Out) and would Long BTC But real Traders Know When to Get out! In this analysis we want to talk about What Is gonna Happen To BTC. as you can see It is in an ascending Channel and Now It has reached the Bottom Line of channel. If we take a Closer look at Stochastic, we can Understand that last Time BTC reached This Channel's Bottom line, Stochastic's Fast line was in Oversold area and Gave us a Buy signal! after that BTC Pumped Greatly and created a New ATH! so We can Say that It can happen Here as well , because Stochastic's Fast Line has reached the Oversold area and the Price is also at the bottom of this channel Just Like last time! If Our Predictions Come True, we can Finally see BTC escape 60 to 70k Channel and Get above 70k For the First Time!

Summery:
-BTC Is in an ascending channel
-Price is at the Bottom of the channel
-last time It was at the bottom of the channel,The price pumped Greatly and Created a New ATH!
-Stochastic was giving a signal Last time,It's Doing it again!
-If Pump happens, We can Finally see BTC above 70K!

💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.

Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!

Thank you for seeing idea .
Have a nice day and Good luck
Comment:
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