BTCUSD Perpetual Contract

Bitcoin, Main Triangle About To Complete In The Next Time!

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Hi,

Welcome to this analysis about Bitcoin, we are looking at the 2-hour timeframe perspective. As Bitcoin like expected already completed the smaller triangle bullishly to the upside, it is now building a bigger one. In this triangle marked in my chart with the black boundaries, Bitcoin is about to complete the wave-count with the wave E within the next times when this wave E ends with a sufficient bounce from the lower boundary and above the upper-boundary, as seen in my chart it will be the proper continuation-setup for the projected targets marked in blue to be reached, additionally coinbase as the first cryptocurrency exchange will be listed in the stock market tomorrow which can indicate additional potential bullish fuel to determine.

In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"The high destiny of the market is to explicate rather than to speculate."

Information provided is only educational and should not be used to take action in the market.

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