It formed the falling wedge which is a bullish pattern and will go bullish towards 37k or more... Long from here till 42k to retest.
Trade closed: target reached:
Target reached.
It reached to 37k so fast because of external factors like Elon Musk promoting bitcoin on twitter, and reddit team going long on doge and then btc... But this external factors only caused it to be faster, actual price increase happened because of the falling wedge breakout.
It reached to 37k so fast because of external factors like Elon Musk promoting bitcoin on twitter, and reddit team going long on doge and then btc... But this external factors only caused it to be faster, actual price increase happened because of the falling wedge breakout.
Trade closed: target reached