Bitcoin Perpetual Futures
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Bitcoin's bull pennant on the 1H

It looks like Bitcoin is forming a bull pennant on the 1h. The technical target out of the bull pennant is around 70.7K.

I would place my tp just slightly behind the target to prevent it from not being hit.

I would trade this pattern only if it break out to the upside. this how my trade setup would like. What do you think about this set-up?

NFA
Bitcoin (Cryptocurrency)BTCbtclongBullish PennantChart PatternsPennantTrend Analysis

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