$BTC Update ๐จ: What's Next โ $120k Or $92k ...
$BTC Trading In "Symmetrical Triangle" pattern In Daily Timeframe Chart which is a Neutral Pattern. There We Have Both Scenarios A Breakout Or Breakdown .
Currently After Touching The Lower Trendline Of Pattern We Can See A Bounce And Formation Of Hammer Candlestick Pattern Which Is Good Sign But Still I Am Not Fully Bullish On #BTC Until It Gives Breakout Above The Upper Trendline And Previous Swing At $110,530.
So, As Of Now In My Opinion Bulls Looks Good As We Spot A Higher Low ๐ On Daily Chart & Strong Hold Above 50 EMA Expectations For Breakout Is Likely !
But Better To Wait For Clear Direction Volatility Is High In Markets Becaus Of #IsraelIranConflict Trade When A Destination Clear ๐!!