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$BTC to $29K
Bitcoin / TetherUS
Long
$BTC to $29K
By bouncytrades
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Updated
Feb 20, 2021
2
Cheer
Cheer
Jan 31, 2021
BTC following Wyckoff Distribution very nicely.
I believe it will form a bull flag on the 4hr, as shown in the parallel orange channel.
I'd set buy orders at $29,000.
**DYOR - NOT FINANCIAL ADVICE**
Feb 20, 2021
Comment
Tesla news turned this chart bullish quicker than expected. General trend remained the same though (bullish over the week).
Beyond Technical Analysis
Parallel Channel
Supply and Demand
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