Bitcoin Is Priming Up For Another Big Move...

BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
Bitcoin is moving inside of an important Triangle. If breakout occurs above the Triangle & closes, I will expect an immediate upwards move towards the 0% Fibonacci level. I will then enter a Long & ride it potentially towards a Monthly Key Level.($11,650) If price manages to reach that level and Break & Close, I predicate future movements towards $12,500. Price is still ranging back and forth, so I will not enter until I have 3+ Confluences & Confirmations.

Thanks for reading my Bitcoin analysis

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What is your idea on BTC /USD ( Bitcoin )??


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+1 Reply
nice idea
+1 Reply
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