BTC/USD - Major bullish breakout towards $70k! 🚀
Bitcoin and ETH have both broken resistance today in tandem... quite a nice surprise.
As predicted in my previous BTC idea we broke above this ascending triangle to set a new all time high and now we are in price discovery which should take us to 70k in the nearby future.
At the same time, the total crypto market cap has passed $2 trillion dollars and doubled from $1 trillion in 3 months... it took us 12 years to reach $1 trillion. This is exponential increase on a massive scale and you can check below my idea related to that.
What does this mean? It means both BTC and altcoins will continue to rally and we are no where near a top. We should easily double from here still.
The indicators on BTC are looking great and this major break above this level should give us a great pump. I mean look at this lovely daily candle... I expect continuation and bias remains very bullish.
MACD also crossed on the positive side and we have plenty of room to go higher. Watch the resistance levels at
67K and 
73K for price to take a break in its ascent.
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
As predicted in my previous BTC idea we broke above this ascending triangle to set a new all time high and now we are in price discovery which should take us to 70k in the nearby future.
At the same time, the total crypto market cap has passed $2 trillion dollars and doubled from $1 trillion in 3 months... it took us 12 years to reach $1 trillion. This is exponential increase on a massive scale and you can check below my idea related to that.
What does this mean? It means both BTC and altcoins will continue to rally and we are no where near a top. We should easily double from here still.
The indicators on BTC are looking great and this major break above this level should give us a great pump. I mean look at this lovely daily candle... I expect continuation and bias remains very bullish.
MACD also crossed on the positive side and we have plenty of room to go higher. Watch the resistance levels at
67K and 73K for price to take a break in its ascent. Like and follow if you liked this idea! Also join my crypto community to stay in touch!
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🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
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