TheTravel1ngTrader

BITCOIN LOVES ELECTIONS! Major breakout coming?

شراء
BITSTAMP:BTCUSD   بتكوين
Here is why I'm ultra bullish on #Bitcoin leading up to the election. Bitcoin is forming a repeating pattern on the monthly chart, which is clear as day.

* Bitcoin eventually broke out after the 2012 election, finding its first major ceiling in 2013.
* Bitcoin then formed a huge accumulation rounding bottom that lasted 1100 days.
* After the 2016 election it broke out of the rounding bottom forming another violent upward trend line leading into the famous 2017 rally.
* We then entered another 1100 day rounding bottom accumulation, where we currently sit today before the 2020 election.

If we can close above $14K on the weekly, expect a rally past all time highs in the coming months!

Like & share! 👍🏼📣
Check out my previous Bitcoin idea where we booked over 200% on a leveraged long

إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.