BTC Bull Flag in effect

in #bitcoinlast month

Looks like BTC is creating a bull flag on the 4h chart

Bitcoin broke out of the sideways range, now it's pullback towards it in a tight channel.

This price action looks very much like a bull flag...

Check it out:

image.png

(Source: https://www.tradingview.com/chart/BTCUSDT/KizULc08-Bitcoin-Bullish-trend-on-the-chart-Explanation-on-charts/?offer_id=10&aff_id=5962)

A breakout from here would take the price back up to around $53k based on the measure move of the flag pole.

I think we get it within a week or two.