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Aug 1, 2020 10:27 PM

BTC Updated: The breakout we've been waiting for! Long

Bitcoin / U.S. dollarBitstamp

Description

The corn never makes it easy, and with this breakout anybody who was hoping for a lower buying opportunity will now be chasing prices higher. It's a strong technical breakout of a multi-year triangle/consolidation pattern, so I'm expecting a run to set a higher high above the 2019 top (+14k) and possibly even test ATH. Still, would expect there to be a considerable pull back at some point which could be bought if you are underweight BTC.
Comments
CandaceWilliams
Nice chart
Sujina
Good analysis
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