Bitcoin - $200.000 price target!

Hello Traders and Investors, today I will take a look at Bitcoin.

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Explanation of my video analysis:

More than 4 years ago Bitcoin created a nice bullish ascending triangle formation and broke out above the resistance. This breakout was followed by a +270% move towards the upside. Currently Bitcoin is once again creating a similar ascending triangle formation and is currently retesting upper resistance. We might get a pullback but the overall trend is still very very bullish.

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Keep your long term vision,
Philip (BasicTrading)

ความคิดเห็น:

Bitcoin is correcting a little bit and everybody is freaking out.

Just look at the technicals, situation is still more than clear:

ความคิดเห็น:

Keep in mind that BTC is still in a massively bullish trend...

Absolutely no reason to freak out and run away - volatility is normal!