Bitcoin has recently formed a bat pattern, after a long consolidation, and briefly dipped below the green trend line that we have held since November. The only other time we dipped below this trend line was after the $20,000 all time high , and a very similar bat formation. With the recent months long consolidation, break out and retest of the all time high, combined with the general bullish momentum and news surrounding crypto, I see us staying above the green trend line and making a massive move here. I’m longing Bitcoin on 5x leverage with a stop loss a little below the green trend line.
Never invest more than you can afford to lose
Use only %5 of portfolio for leveraged trades
Be safe out there
Stay safe out there and best of luck
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