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basictradingtv
Feb 29, 2024 9:35 PM

Bitcoin - Target 1.1 Million Dollars 

Bitcoin / U.S. dollarBitstamp

Description

Hello Traders, welcome to today's analysis of Bitcoin.

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Explanation of my video analysis:

After the simple break and retest of Bitcoin in January of 2023 we saw a beautiful reversal and already a pump of more than +250% towards the upside. Bitcoin has also been creating a massive ascending triangle formation and if we measure the potential price target of the triangle, also mentioned in the analysis, Bitcoin can reach 1.1 Million Dollars.

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I will only take a trade if all the rules of my strategy are satisfied.

Let me know in the comment section below if you have any questions.

Keep your long term vision.
Comments
basictradingtv
If you are as crazy as I am and think that BTC can hit 1.1 Million Dollars, smash that "Like" button! Keep your long term vision.
arvine11
you are not crazy it's all about us dollar weakness... tnx
basictradingtv
@arvine11, yes, maybe I am not crazy ;)
Babenski
Very Optimistic view but i like it
basictradingtv
@Babenski, yes, optimistic wins the race!
Setupsfx_
Long term view yes! You are right!
basictradingtv
@Setupsfx_, thanks a lot Setups!
linofx1
it's a gradual process
basictradingtv
@linofx1, Maybe you are right Lino!
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