BTC scenario coming 4 weeks

4 בפבר׳ 2021

Forming a symmetrical triangle on the weekly, with a raising 21 week moving average. In the coming weeks a retrace to the 21 ema is likely (just like in 2017 bull market), probably through a false break out to the down side. Followed by a break out of the triangle pattern to the up side (because we are in an uptrend), with an upside target of appr. 48K (USD).