hello traders what do you think about this analysis)
(Btcusd)
( Target 38k)
The technical outlook for Bitcoin looks positive with two bullish indicators seen on the charts. The recent surge higher has seen a Bullish Pennant pattern appear with BTC currently trying to break higher. If a traditional pattern has been made, the October 23rd, $5k candle would be added to the breakout giving a target price of around $40k.
(Btcusd)
( Target 38k)
The technical outlook for Bitcoin looks positive with two bullish indicators seen on the charts. The recent surge higher has seen a Bullish Pennant pattern appear with BTC currently trying to break higher. If a traditional pattern has been made, the October 23rd, $5k candle would be added to the breakout giving a target price of around $40k.
Trade closed: target reached:
Wow that's awesome 😎 36k done
