JoshAMS

BTC - it pays to zoom out

Panjang
BITSTAMP:BTCUSD   Bitcoin
Hi all,

The last few weeks I have been looking at the BTC chart over and over again to determine whether the trends was bullish / bearish. I figured an important trendline was broken and that a potential bear market could be around the corner.... UNTIL i charted zooming out, starting on the 3D and 1W chart where I found this beautiful ascending triangle which has formed itself over a timespan from more than 1 year.

To me this looks bullish AF! What do you think? Would love to hear your view on BTC too!

#notfinancialadvice
Penafian

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