TradinG_Grace

BTC - Triangle formation

BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC is in a triangle formation at the moment. Waiting to see if it breaks out or breaks down. The DXY has regained some strength and BTC dominance is decreasing, so a breakdown is very possible. However, if it breaks upwards through the triangle, I suspect it will go to around 50k in the coming days/weeks according to time theory and price theory in Ichimoku Kinko Hyo.

Stay tuned!

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