UnknownUnicorn2239932

Bitcoin Breakout Plus Next Target

CME:BTC1!   Bitcoin CME Futures
BTC1! has squeezed out of the upper Bollinger Band, broken above the 200 MA, and a key level of resistance after a period of consolidation. If bitcoin can break through resistance from this diagonal trend line $52200 is in sight. RSI is in the bull territory with room left to move.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.