🔥 Bitcoin Finally Breaking Out After Months Of Selling?

BTC has been trading inside a bearish channel since we topped out at the start of April. Effectively, nothing interesting has happened for 2 months.

As of today, BTC is yet again testing the top resistance of the channel. This signal assumes that we're going to break out of said channel, making it a bull-flag break out. Please be patient for the break out to confirm!

With many alts trading around their 2023 lows, there's a lot of upside to be had in the alts, but for now we're looking at BTC.

Stop below the most recent swing low. Target placed at the 2023 highs.

評論:

Strong rejection from the top resistance. Signal is still valid, but less likely to be activated in the near future.

評論:

After an initial rejection, break out is here!

評論:

TP hit. Congratulations if you took the trade. Very decent Risk-Reward for a short period!