BTC - what is the next objective ?

in #bitcoin7 years ago (edited)

Hello all,

So yesterday we broke out the ascending triangle as foreseen in the scenario number 1 of my previous publication : BTC - Bullish Trend Confirmed - Next resistance to Break - Ascending Triangle

BTCUSD1.jpg

What will happen now?
Most of the time, we can calculate the target of the break-out.
As the break-out is now confirmed, it can give a good indication about the target to at least touch.

BTCUSD2.jpg

Take care all,
Cryptopassion.io

Disclaimer : Never invest more than what you can afford to loose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

Version française ici : [FR] BTC - Quel est le prochain objectif moyen terme

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it seems that btc will hit again $5000 in coming days.

It is possible yeah, not tomorrow but in the 15 coming days (duration of the triangle), yes I think it is possible.

Let’s hope you are right

hehe I wish you the best

I think the next step for the next 2-3 days is 4400$. Than we must look ;) .

For sure, the target that I'm talking about is for a longer timeframe.

Bitcoin is really looking good ! Onward,upward
But i think the November fork will bring some uncertainity later on

We never know what it will give us hehe. Technical analysis are just indications.

I think that bitcoin will dominate the future economy with all its ups and downs. #Bitcoin4life

Most of us think that, this is why we are in the cryptoworld

Great post friend

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