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Bitcoin $BTC Bull Market Breakout, Retest of R/S Flip
The line chart provides a clearer look at what appears to be a breakout of the bear market on monthly timeframes.
Target based on the structure would be just shy of 100K. Makes sense, BTC never reached 20K, it was front-run by a few hundred. 100K will be front-run by a couple grand.
Publishing this so I have it in my idea history. I am not sold on this yet. But technically it does look crystal clear.
Target based on the structure would be just shy of 100K. Makes sense, BTC never reached 20K, it was front-run by a few hundred. 100K will be front-run by a couple grand.
Publishing this so I have it in my idea history. I am not sold on this yet. But technically it does look crystal clear.
CoinChartist is run by Tony "The Bull" Severino, CMT, a technical analyst fascinated w/ Elliott Wave Principle, Hurst Cycle Theory, W.D. Gann, Japanese Candlesticks, & other classical charting methods. Visit coinchartist.io for free TA education!
CoinChartist is run by Tony "The Bull" Severino, CMT, a technical analyst fascinated w/ Elliott Wave Principle, Hurst Cycle Theory, W.D. Gann, Japanese Candlesticks, & other classical charting methods. Visit coinchartist.io for free TA education!
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