AYRTON999

BTC short term long

Long
COINBASE:BTCUSD   Bitcoin
BTC is having it's halving procedure tonight after 4 years and as we know every halving that has happened produced massive rallies. On this 1hr chart I am analyzing the motives for on to go long now, at least for the short term. Bullish divergence of price with RSI, breakout of ascending triangle, breakout and support confirmed, inverse head an shoulders forming, and massive price gap on CME bitcoin futures. All these reasons are a justification for me to go long on bitcoin.
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