Bitcoin consolidating - Buy before breakout
Bitcoin is stuck between two curve lines. Clear signs of consolidation before a LARGE break out. Dates seem to indicate a break out around Jan. 20.
If it breaks out to the upside, we can expect a retest of ATH very fast and then continuation of the bull trend.
Entry: now - 14 000
Stop-loss: 12 800
If it breaks out to the upside, we can expect a retest of ATH very fast and then continuation of the bull trend.
Entry: now - 14 000
Stop-loss: 12 800
Trade active
This is a second chart where you can see the consolidation taking place.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.