SkinnyMike3

BTC WEEKLY ANALYSIS

Long
COINBASE:BTCUSD   Bitcoin
"Patience is not passive, on the contrary, it is concentrated strength" - Bruce Lee

With many people growing frustrated that BTC continues to hover around $40k as we approach the end of January 2022, it's a good time to remember that PATIENCE is a VIRTUE, and good things come to those who wait!

During times like these it's important to remember a saying which I live by: WHEN IN DOUBT, JUST ZOOM OUT!

By zooming out and looking at the BTC price history on the WEEKLY view, you can clearly see the two distinct triangles that have formed over time. Although we are still waiting on a breakout of the 2nd triangle, if the first triangle is any indication, we are on the verge of a powerful upwards move.

Stay Patient My Friends. It's coming.


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