Bitcoin appears to be trading in a Ascending Triangle. It also looks like a giant W or what I call a Wu Tang pattern may play out, resulting in a gap to the upside.
On a smaller time frame there's clearly a bull flag or descending triangle. I don't see any resistance until 8709ish & 8860ish USD.
On a smaller time frame there's clearly a bull flag or descending triangle. I don't see any resistance until 8709ish & 8860ish USD.
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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.