BTC: Bull Pennant forming!
Previously, the price formed an inverse Head & Shoulders pattern and broke the neckline to the upside. Now, it is consolidating in a bull pennant pattern, indicating a high probability of further upward movement. If the price breaks the resistance zone, reaching 80k is likely.
Currently, attention is on the DXY and S&P500. If the DXY continues to decline, a new ATH for both the S&P500 and BTC is expected. Therefore, monitoring the DXY is crucial to anticipate BTC's next direction. For now, the DXY has been declining, so a bullish move for BTC could be imminent!
Currently, attention is on the DXY and S&P500. If the DXY continues to decline, a new ATH for both the S&P500 and BTC is expected. Therefore, monitoring the DXY is crucial to anticipate BTC's next direction. For now, the DXY has been declining, so a bullish move for BTC could be imminent!
Not
S&P500 had a nice bounce - Im expecting BTC to follow on monday!Not
The price is breaking above the bull pennant pattern!!Not
Following the expected path!!
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Feragatname
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Feragatname
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.