Bitcoin $BTC Bull Market Breakout, Retest of R/S Flip
The line chart provides a clearer look at what appears to be a breakout of the bear market on monthly timeframes.
Target based on the structure would be just shy of 100K. Makes sense, BTC never reached 20K, it was front-run by a few hundred. 100K will be front-run by a couple grand.
Publishing this so I have it in my idea history. I am not sold on this yet. But technically it does look crystal clear.
CoinChartist is run by Tony "The Bull" Severino, CMT, a technical analyst fascinated w/ Elliott Wave Principle, Hurst Cycle Theory, W.D. Gann, Japanese Candlesticks, & other classical charting methods. Visit coinchartist.io for free TA education!
CoinChartist is run by Tony "The Bull" Severino, CMT, a technical analyst fascinated w/ Elliott Wave Principle, Hurst Cycle Theory, W.D. Gann, Japanese Candlesticks, & other classical charting methods. Visit coinchartist.io for free TA education!