Bitcoin Bullish Channel Solid. Breakout to occur soon! Target $4000-ish
As expected, our trendline held. We bounced:
https://www.tradingview.com/chart/BTCUSD/spblwF9E-Weekend-Bounce/
Trendline continues to hold support. A good sign. Bullish pendant pattern forming. Also bullish.
Here's what I expect from Bitcoin according to our charts:
Break $2980 before Aug 1 and then come
back down and bounce off it and up after.Bounce around in here for a few more days
before breaking up and out.
Either way, the 3-4 week target remains at the top of the GREEN channel.
Time to make some cash Bitcoin traders!
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