Bitcoin has successfully broken out of the descending wedge, retested the support zone near $117K, and is now showing signs of a bullish continuation.
If momentum holds, price could aim for the $122K–$124K range next.
Structure remains bullish as long as it stays above the retest zone.
If momentum holds, price could aim for the $122K–$124K range next.
Structure remains bullish as long as it stays above the retest zone.
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Related publications
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.