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Bitcoin Breakout Thanks to Trump!
Bitcoin / TetherUS
Long
Bitcoin Breakout Thanks to Trump!
By jonnieking
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Jul 16
1
Jul 16
BTC
is pushing for it thanks to the Trump inspired rally.
Back above its trendline and meeting its moment of truth at the 50% fib retracement.
Next stop a revisit ~$65,5 where the .618 fib meets the top of the BMSB / 20W SMA.
We need a big push in volume here to break through these levels.
Tbh I think this is just a pump going into Bitcoin Nashville and will be a “Sell the News” event.
JD Vance, Trump's newly announced VP is super pro-crypto which has added to the rally.
This could get interesting.
Bitcoin (Cryptocurrency)
BTC
Bullish Patterns
Fibonacci
Supply and Demand
Trend Lines
jonnieking
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