Bitcoin is continuing to form this Ascending Triangle

٢١ فبراير

Bitcoin is continuing to form this Ascending triangle that could potentially and most likely break to the upside, the target here is at least $58,495, it has been already tried to breakout 2 times, we could observe a fake out to the downside and them break to the upside to trick all the bears and liquidate them as we always see this kind of things happening, don't forget we are in a bull market and the halving is just in the corner, I won't risk short positions for now, good luck to everyone and if you short Bitcoin don't forget to place a stop loss.