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BTC's Way To 80k Explained.
Hi every one
Bitcoin / U.S. Dollar
BTC has done a Great movement Recently! The Price now sits above 66k which is a New All Time High For BTC! if we Review The Chart of Bitcoin in Weekly Timeframe, we can Understand that BTC has Broken a Big Symmetrical Triangle! This Bullish Break out has confirmed that BITCOIN can Increase as much as the measured Price movement (AB=CD) . That Means we can See BTC at 80K as well! There is also the matter of Crab pattern as well. Crab Pattern shows Us That The Expected target (80K) is a very Reliable Target,because Ex Ret =1.618. so due to these Signs It is safe to say BTC can reach 80k!
Summery:
-BTC Is at It's All Time High Right now!
-Bullish Break out in Daily Time Frame From a Symmetrical Triangle!
-80k is the Target!
-Crab Pattern also Confirms This Target (EX Ret=1.618)
PREVIOUS ANALYSIS:
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
Bitcoin / U.S. Dollar
BTC has done a Great movement Recently! The Price now sits above 66k which is a New All Time High For BTC! if we Review The Chart of Bitcoin in Weekly Timeframe, we can Understand that BTC has Broken a Big Symmetrical Triangle! This Bullish Break out has confirmed that BITCOIN can Increase as much as the measured Price movement (AB=CD) . That Means we can See BTC at 80K as well! There is also the matter of Crab pattern as well. Crab Pattern shows Us That The Expected target (80K) is a very Reliable Target,because Ex Ret =1.618. so due to these Signs It is safe to say BTC can reach 80k!
Summery:
-BTC Is at It's All Time High Right now!
-Bullish Break out in Daily Time Frame From a Symmetrical Triangle!
-80k is the Target!
-Crab Pattern also Confirms This Target (EX Ret=1.618)
PREVIOUS ANALYSIS:
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
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