Technical_Perspectives_69_420

BTC bullish - 1.618 extension possible... $79,000 next leg up

Long
COINBASE:BTCUSD   Bitcoin
We have been forming a bullish triangle for the past few days and we are on the verge of breaking out. The bullish sentiment surrounding crypto at the moment with Elon Musk shilling Doge and everything else coming out is another reason to be bullish on the whole market as a whole. I think once we break out of range we might go back down to retest before shooting up to 76k-79k range. Target is based on previous move down using fib extensions to estimate potential move up. Let me know what you think in the comments and good luck trading !

Don't overcomplicate things in trading
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