UnknownUnicorn10812203

Bitcoin's Bullish scenario

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hey Guys
I see that there's a FOMO happening, every one's talking about $100K Bitcoin and there are people out there deciding to buy BTC or add more to their wallet.
But wait, JUST buying is not that important
The more important thing is " WHERE TO BUY? "
If you're going to buy BTC on $50K, Believe me it doesn't make sense!
Bitcoin is now forming a ascending triangle, YES!
But wait to see if it's gon break the pattern or still keeps playing INSIDE it!
You see the chart I've shared, that's the bullish scenario that BTC breaks out of every resistance ahead and shoots for 100K.
This MAY happen IF BTC closes the daily candles (today or tomorrow) above the triangle.
But I'm not so sure that this happens (I feel it needs more correction and more buyers to pump)
I will share some more possible and realistic ideas in the updates or in another idea
thanks for reading this, let me know what YOU think ;)
Comment:
it this scenario happens you can buy on the pullback
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.