parissap

BTC daily broke out

Long
INDEX:BTCUSD   Bitcoin
#BTCUSD
$BTC broke out from long term descending resistance and closed a daily candle above it.
the bottom of last correction wave was at 0.5 fib level of previous swing high. so this rally can continue to 2 fib level of swing down, which is around the ATH at $64k.

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.