BTCUSD : Why BITCOIN Remains Bullish and Its Next Potential Move

5 paź

I still haven’t changed my mind that Bitcoin should reach $73,000. Now let’s analyze this technically. Recently, Bitcoin managed to break out of this triangle sharply and reached above $66,500. However, after that, we faced a short-term correction that reduced the price to around $60,000. Now, the price can increase strongly, break the head and shoulders pattern, and eventually reach the top of the megaphone.

important patterns:
Butterfly Pattern, Megaphone Pattern, Head and Shoulders .

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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!