Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this Quick BTC update after a long time. I was not very active here for the past few months but now I'm back here and try to give you regular updates here. Keep supporting.
Now, let's get to the chart first. Today I'll give you a quick update of BTC in the lower time frame. After that, I'll post a long-term analysis.
As you see in the chart BTC is forming an upsloping bullish flag-like structure and currently trading inside the flag. Break out point will be around $53k so if we break and close above the $53k level we might see another let up to the $56k level.
Invalidation:- Close below the $51.2k level.
If you like this idea then do support it with like and follow.
Thank You!
Welcome to this Quick BTC update after a long time. I was not very active here for the past few months but now I'm back here and try to give you regular updates here. Keep supporting.
Now, let's get to the chart first. Today I'll give you a quick update of BTC in the lower time frame. After that, I'll post a long-term analysis.
As you see in the chart BTC is forming an upsloping bullish flag-like structure and currently trading inside the flag. Break out point will be around $53k so if we break and close above the $53k level we might see another let up to the $56k level.
Invalidation:- Close below the $51.2k level.
If you like this idea then do support it with like and follow.
Thank You!