hodlmybtc
Long

BTC weekly uptrend confirmation

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
BTC is looking very likely to confirm the weekly uptrend today. First 2 targets are shown in the blue boxes.

Target 1: 13488.49 - 13868.44
Target 2: 15935.90 -16174.22

After that prepare for ATHs.

GL trading!

Comments

Yea buddy!!!!
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I’m bullish on the long-term as well.
With a corrective flat Elliot wave structure developing and without a big margin long-side bias, BTC has potential to make higher highs after finding support at the 10.5-11k zone.
Do you agree with the setup?
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hodlmybtc Phi-Deltalytics
@Phi-Deltalytics, Nice chart! But I think we already tested 10.5k 2 times already since we broke it and are now moving higher
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@hodlmybtc, how come 2 times?
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hodlmybtc Phi-Deltalytics
@Phi-Deltalytics, on the 4h/1d charts there are 2 wicks to 10.6k which I see as tests of 10.5k but bears couldn't even reach that low because of all the demand
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@hodlmybtc, Jul 28 & Aug 1? Anyways, yeah, the demand is very surprising.
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