UnknownUnicorn3237473

BTC Weekly Analysis: Breaking Trendlines & Anticipated Targets

Long
INDEX:BTCUSD   Bitcoin
A comprehensive examination of Bitcoin's recent performance reveals a noteworthy development: its current valuation stands at $29,700, having breached a significant weekly trendline. This breach suggests a potential trajectory, with the immediate target identified at $31,818, followed by a subsequent level at $34,083. However, it's important to acknowledge the potential for a retracement to $29,038, though such a move is considered less probable at this juncture.

I'm looking for it to complete a Three-Drives-Pattern to the high.

#NFA
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