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SOOOOO, Bitcoin has officially broken the bull flag pattern on the 4h chart, and it closed beyond the last swing high. Besides that, the volume of the breakout was above average. So, this is good news right? It depends, if you were shorting BTC, it's not lol haha. You can see the Bull Flag pattern on the daily chart too btw, but of course the pattern isn't confirmed yet, cause the day isn't over yet.
But like I said in my previous BTC analysis, there's a good chance that we're now heading to that $86K target price. Now, that's all I got for this analysis. Be blessed, see you next time.
Oh, and don't trade blindly on my analysis, please. I'm not a financial adviser. Those people are broke.
SOOOOO, Bitcoin has officially broken the bull flag pattern on the 4h chart, and it closed beyond the last swing high. Besides that, the volume of the breakout was above average. So, this is good news right? It depends, if you were shorting BTC, it's not lol haha. You can see the Bull Flag pattern on the daily chart too btw, but of course the pattern isn't confirmed yet, cause the day isn't over yet.
But like I said in my previous BTC analysis, there's a good chance that we're now heading to that $86K target price. Now, that's all I got for this analysis. Be blessed, see you next time.
Oh, and don't trade blindly on my analysis, please. I'm not a financial adviser. Those people are broke.