🔥 Bitcoin Bull Flag Break Out: Bullish Weekend Ahead

18 בספט׳ 2021

Yesterday I made an analysis on Bitcoin. Here I argued that Bitcoin was facing resistance at the 48.5k resistance, which caused the bullish move to stop and BTC reversed back to the break out zone.

This break out zone was the main indication for me whether we'd go up or down in the short term.

As seen on the chart, the 47k support offered enough support for the price to reverse sharply and even break through the 48.5k resistance. This is very good news.

My target for the weekend is 50k.

Happy trading!