BTC - Back on track! (Thanks to CEO of the world E. MUSK)
BTC is back on track, thank you ELON
Mother of all crypto is back on track after breaking ATH.
After the bearish pattern breach (which was created by the ELON MUSH PUMP - look at my earlier chart), the breach was confirmed after the resistance line became support.
After the breach a new support line has been formed (Yellow line in chart). This bullish support line has already been confirmed 3 times. The next question is what is next for bitcoin after the bearish januari pattern was broken. Bitcoin managed to stay in its larger timeframe bullish pattern.
Elon musk
The pattern is created by the one and only Elon musk, after the Elon pump now Tesla invested larges amounts in BTC. Also, Tesla is planning to accept BTC as payment method. From almost missing btc, Elon is now an early adapter with his latest Tesla action. The price range of 100k-200k by the end of 2021 is therefore still possible.
Thank you all for you kind words and like, love!
-SR7-Tradings
Mother of all crypto is back on track after breaking ATH.
After the bearish pattern breach (which was created by the ELON MUSH PUMP - look at my earlier chart), the breach was confirmed after the resistance line became support.
After the breach a new support line has been formed (Yellow line in chart). This bullish support line has already been confirmed 3 times. The next question is what is next for bitcoin after the bearish januari pattern was broken. Bitcoin managed to stay in its larger timeframe bullish pattern.
Elon musk
The pattern is created by the one and only Elon musk, after the Elon pump now Tesla invested larges amounts in BTC. Also, Tesla is planning to accept BTC as payment method. From almost missing btc, Elon is now an early adapter with his latest Tesla action. The price range of 100k-200k by the end of 2021 is therefore still possible.
Thank you all for you kind words and like, love!
-SR7-Tradings
Comment:
Bigger picture will be posted later this week :)
Comment:
What a nice breakout :)
