VasilyTrader

BITCOIN (BTCUSD): Will We Test ATH Soon? ₿

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BITSTAMP:BTCUSD   ビットコイン/米ドル

After a crazy bullish rally last week, Bitcoin stopped growing
and started to consolidate.

A see a classic bullish accumulation pattern - an ascending triangle formation on a 4H time frame.

We see a test of its neckline at the moment.

I strongly believe that a bullish breakout - a 4H candle close above 64000,
will trigger a bullish continuation.

We may see a bullish movement to 67000 and the market may even test the ATH.

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