Search
  • Vasily Trader

BITCOIN (BTCUSD): Two Important Breakouts! ₿



Hey traders,


Very peculiar situation on BTCUSD chart:

since BTC set a new ATH , the market started a correction cycle.

Bitcoin was steadily falling within a bullish flag pattern.


This morning bulls managed to violate its resistance to the upside with a high momentum bullish candle.

Moreover, the entire weekend the price was stuck within one more tiny little bullish flag .

Its resistance was broken as well.


These two breakouts may lead to a bullish continuation now.


Next resistances:

63500

66600


4 views