Bitcoin / TetherUS
Long

Bitcoin can continue to grow and reach resistance of triangle

738
Hello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how Bitcoin has been moving in local downtrend for a long time. After the fake breakout of support level 26595, the price began to rise and broke through the resistance line. Over time, Bitcoin formed a symmetrical triangle, inside of which is now traded. We also see how the price made a fake breakout support line of the triangle, but turned back and started to grow. After re-testing the resistance line, Bitcoin dropped and tested the support line. Currently, the price is trading above the support line of triangle and can continue to rise. So I set the target for BTC/USDT at level 28500, which corresponds to the resistance line of the triangle. Please share this idea with your friends and click Boost 🚀

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