Bitcoin / TetherUS
Long

Bitcoin Ascending Triangle Breakout

157
BTCUSD is finding strength on the 1 day chart and looks primed for an upside breakout although 2 day and 3 day charts both look top heavy.

We are long bitcoin but remain cautious of taking full positions. Shorter time-frame analysis to follow.

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.