Welcome to the 4th quarter. We enter October with bullish on-chain analysis, bullish media, and bullish TA. ENJOY THE RIDE.
If, and that’s a big “if”, the pump we saw today helps form the ‘head’ of a head-and-shoulders pattern - I believe that could give BTC the juice to break out of the descending trend present since April/May. At that point, we would look for a retest of that triangle. If successful, our price target moves all the way up to approximately 80-83k.
Not financial advise. Use stop losses if trading! Otherwise DCA in and enjoy the ride.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.