BitcoinLong
BTC might prepare for the aggressive breakout
After trying to break $69500 - the border of a massive range-bound formation, BTCUSD had retraced to the local support of $68400 = two standard deviations from the breakout line.
If it holds above this level, it might skyrocket towards new peaks, with a possible ambitious target of around $81800 - a161.8% Fibo extension of this trading range.
Sentiment remains bullish for Bitcoin, as it prepares for the final rally ahead of the halving event on April 17th.
The potential reward vs risk represents asymmetrical trading opportunity on the long side.
Manage your risks and trade well1
If it holds above this level, it might skyrocket towards new peaks, with a possible ambitious target of around $81800 - a161.8% Fibo extension of this trading range.
Sentiment remains bullish for Bitcoin, as it prepares for the final rally ahead of the halving event on April 17th.
The potential reward vs risk represents asymmetrical trading opportunity on the long side.
Manage your risks and trade well1
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.