🔥 Bitcoin Bull-Flag: Road To 48,000$

8 בדצמ׳ 2023

After a massive pump towards 44k, BTC has been consolidating for a couple of days now. My expectation is that this period of consolidation is only temporary and that we will break out in the near future, confirming the bull-flag pattern on the chart.

Patient traders will wait for the price to break through the top resistance of the pattern, potentially even for the retest of said resistance.

My target for 2023 has been 48k for a while now, so I'm aiming for a move towards that area, plus minus a percent or two.

Patience is key!