A breakout is coming soon!

2024年4月2日

In my opinion, BTC is going much higher from here! Slight pullbacks here and there doesn't matter when we eventually are going up!
Previously, we saw an inverse head & shoulder (H&S) pattern break to the upside, which had a target of $76k!

Currently, the price appears to have formed a larger triangle pattern and is situated at the apex of the triangle. A breakout is expected to occur within the next few days and we will likely see a more significant price movement in either direction depending on which side the breakout takes place. If the price breaks to the upside, we are targeting a price of $76k which is derived from the previous head and shoulder pattern! It is, therefore, prudent to keep an on the triangle formation!

2024年4月2日

註釋

Broke to the downside! I'm expecting the CME gap at 63.6k to get filled!