Panjang

$BSV gaining momentum, possible retest of $250 coming up

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After finding heavy support in the $80 region, Bitcoin has surged nearly 100% and is on path to retest the resistance cluster at ~$250, painting a potential ascending triangle.

Possible retrace to $115-$125 is in the picture in the coming days, which could provide a good entry for the retest of $250.

The current setup is bullish, with invalidation being a HTF close below $100, or below the green trendline.

*this is just my opinion, and should in no way be taken as any kind of financial advice*

Penafian

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