This is the most possible scenario of BTC in Long TermFirst,
It will go in the First Spot zone
Second,
It will fill the CME gap
Third,
Retest and Breakout
Fourth,
Bull Run
Let's see
Btcusd4h
BITCOIN/BTCUSD 4H BUY PROJECTION 27.08.24Reason for Bullish
1. 4H Uptrend
2. Consolidation Breaked
3. Ascending Triangle Pattern
4.Fair Value gab + 50% Retracement
5. Swing High as long term target
6. Obey trendline + Support
BTC Looking Strong at Higher LevelsBTC is trading near ATH and the price is sustaining at these level, we may see 50K first and it may go to 47k odd levels and then 50K.
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Happy Trading!
InvestPro India Team
BTCUSD multi time frame analysis. possible uptrend in 1hr chart.BTCUSD as formed double top and triangle pattern on daily chart and small triangle in 1hr chart. It as broken triangle pattern in 1hr chart and expecting upmove for short term. Please zoom if you if the 1hr triangle is invisible .
