Bitcoin / TetherUS
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Bitcoin Bullish Triangle: Slingshot to $20k

От FieryTrading
In the last two days, Bitcoin has seen a new price surge. This bullish movement will continue till around $19,500, where either of two things can happen:
- The price breaks through $19,500 and moves towards the ATH of $19,900, possibly hitting 20k and beyond.
- The price reverses towards the lower trend line and bouncing back. This would complete this bullish triangle set-up and slingshot the price towards 20k.

What happens after 20k is a mystery. I'm edging towards the idea that once this great resistance has been broken, we might see 25k very soon. Do your own DD to select your best exit point.
Bitcoin (Cryptocurrency)BTCBullish PatternsChart PatternscryptoTechnical IndicatorsLONGsignalsupportSupport and ResistanceTrend Analysis
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