BTCUSD Perpetual Contract
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BTC squeezing for a big move

ที่อัปเดต:
Since June, BTC has been squeezing within a descending triangle, a pattern inherently bearish in its character. Nevertheless, a noteworthy bullish shift in momentum has transpired across all time frames. The price tested the upper resistance boundary of this triangle and broke through on the lower time frames. It is to be seen if this is just a deviation.

BTC monthly close at 28k


On the lower frames, BTC has exhibited a marked increase in volatility. A breakout from the triangle pattern will lead to more pronounced volatility.

BTC approaching critical fib circle.


An upward break in the 45 degrees Gann line ensures a bullish price trajectory, potentially paving the way for a robust bull market and all-time highs. A crypto bull market is likely to be concurrent with the depreciation of the US dollar and an upswing in both gold and oil prices.

DXY to 88 ushers in the next Crypto bull run


บันทึก
Big move upward.
บันทึก
2nd target is hit.
Chart PatternsGannTrend Analysis

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