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TheNewsCrypto
Dec 8, 2022 12:24 PM

Bitcoin Update "8-12-2022" Long

Bitcoin / TetherUSBinance

Description

Bitcoin Update "8-12-2022"

Bitcoin has been spotted on "Horizontal Channel" Pattern Structure on the 15 Mins Time Frame. Bitcoin is currently trading around 16840$. If a breakout occurs, gold could reach the 17140 $ resistance level . If the trend fail, the price of Bitcoin may fall to 16700$.

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Breakout Done

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Comments
Lingrid
Very nice analysis
TheNewsCrypto
@Lingrid thanks
Lekis
Looks neat and beauty
TheNewsCrypto
@Lekis welcome
anyalove
Nice chart, thank you for your time
TheNewsCrypto
@anyalove cheers
Solldy
As always, a great technical analysis and qualitative description. Thank you for that!
TheNewsCrypto
@Solldy, Thanks
UnknownUnicorn15614419
Great idea, first time I've seen it, but I've seen some points in similar ideas. Making your charts reminds me of something. I wonder if you take cluster analysis into account when writing your idea.
TheNewsCrypto
@TradingStat, Thanks
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