Bitcoin - Dual Breakout Zones ahead
Bitcoin has two breakout zones near its current value area. These breakout zones are based on the 1h chart. If price can reach back above the cloud, the Tenken-Sen cross above the Kijun-Sen, and the Lagging Span cross above the cloud and remain above price, we will have a breakout signal in the Ichimoku system.
Additionally, above that zone is a breakout to another Gann angle in the Square of 90. Following a breakout to above that angle, we then follow Gann's Rules of Angles, which states a break and hold of an angle means we test the next angle above, which is near the 8300 value area.
When bitcoin pump
If we consolidate into Fall, then we should expect to see another large rise in value.
Very good work
Very impressive work! I am with you! I heard bitcoin going up to $65,000 during the next economic collapse. I think Ethereum is going to skyrocket also. Cheers! Followed you!
So the max I would see on the year is the 33k value area, but that's quite a bit of a distance away
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We can expect a rise of Bitcoin in later weeks of June. Let’s find out.
noticed you have cmt in your name, are you a CMT holder?
Ah no, it's just a certificated the I'd love to have. I don't have any CMT in my bag :)
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