DariusFxTrading

Bitcoin to 20k

Panjang
BITMEX:XBTUSD.P   Bitcoin
Hello Traders!

Bitcoin to 20k. Yes this is what I do expect at least. We also have good chances to go higher. About 30k.

Why?
If we got a look on the monthly chart we can see that Bitcoin broke out of a major Triangle Pattern. The Take Profit for this Break out is at least 30k.

I do expect a first push to the ultimate high on Bitcoin. Afterwards some retracements and then up to 30k

Weekly and daily:
On those timeframes we can see that price also has created 2 Triangle Pattern. The first one was successful and the price broke out to the upside. Like expected. Now the next one occurred. And we can expect again a push to the upside. Also we are currently at an important weekly Support which is also the bottom of the triangle pattern. Everything perfect in alignment.

That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.

Thank you and we will see next time
- Darius.

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