Bitcoin, Triangle-Formation In The Structure, How It Completes!

Hi,

Welcome to this analysis about Bitcoin, we are looking at the 2-hour timeframe perspectives. As expected previously Bitcoin managed to break out above its descending triangle I mentioned in the previous analysis and now moved on to test the remaining resistances in the structure. Now Bitcoin holds above the 55- as well as the 25-EMA and besides that is building this decisive triangle-formation there with the coherent wave-count within which will complete within the next times. When the wave-count completes and Bitcoin breaks out above the upper boundary with a solid bullish price-move as shown in my chart Bitcoin will be ready to move on further bullishly to the upside and at least appoint the upper-resistances remaining when the bullish edges establish rightly.

In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
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