Goldenbreakout

BTC: BULLMARKET VIEW

Long
Goldenbreakout Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Currently, it appears that BTC is still experiencing an upward trend. However, it is crucial for BTC to maintain its value above 23K in order to sustain this upward trend.

Based on the chart analysis, it seems that we are nearing the beginning of a bull market for BTC, which could potentially result in higher volume coming time.

The chart also shows that if BTC is able to maintain its value above 23K, there is a high probability that it will experience a breakout in the coming time. Furthermore, many other cryptocurrencies can follow this trend.
Comment:
Today BTC did target the support line the yellow line
When BTC stays above this line and to with the time frame of 22500, means that BTC is still in an uptrend.

If BTC breakdown the 22500, it would be for us the reason to check breakdown view, otherwise the trend will stay the same.
Comment:
until now BTC holding the 22500
Comment:
Since BTC is above the important level, there is a good chance for a breakout coming time.
Comment:
BTC At the key level for the breakout that could take BTC back to $30K
Comment:
BTC above the 27K key level means still it's in an uptrend.
Comment:
BTC is still up the key level.
Comment:
BTC holding the key level and entering into a new uptrend.
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.