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Monday, November 7, 2022

BTC bullish megaphone pattern with 80-85K target

BTC bullish megaphone pattern with 80-85K target

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

I'm looking at weekly timeframe . As you noticed BTC formed bullish megaphone pattern with 80-85K target by Q2 2023. BTW there is also falling wedge pattern inside megaphone pattern which increases bullish case scenario. King of crypto broke weekly RSI trendline which is historical for BTC . At the moment BTC has broken weekly descending triangle with 24-25K target, so all my predictions based on my analyses posted since June 2022 are right. I told you BTC bottom was in at 17.5K on 18.06.2022 and I haven't changed my idea since then.
Do you believe new ATH in 2023 or not? Comment bellow, check all my analyses bellow related ideas and if you like my analyses and ideas please follow me.

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