Bitcoin still bullish: ascending triangle in 4h chart
Most think of a 2015 fractal repeat, but I have turned from short-term bear to full bull since the massive MA200 break and weekly candle close above it.
I think BTC will go in this push at least to 6500 (lower limit), but as high as 7500 is indeed possible, before any major correction.
We see a nice slow ascending triangle in the 4h chart.
All indicators point also towards the upside, daily stoch RSI now on oversold again.
BTC wants this strong push imho.
Let's see :)
I think BTC will go in this push at least to 6500 (lower limit), but as high as 7500 is indeed possible, before any major correction.
We see a nice slow ascending triangle in the 4h chart.
All indicators point also towards the upside, daily stoch RSI now on oversold again.
BTC wants this strong push imho.
Let's see :)
Comment:
Probably going to retest support at 5120. Let's see if it holds and the bullish 2012 fractal idea comes to play.
Comment:
Aaaaaaaand here we go :)
Comment:
And the ascending triangle worked.