ChartProphet

BTC Acending Triangle, Still Bullish For Now, Re-Target $41000

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BITSTAMP:BTCUSD   Bitcoin
BTC just nailed my last target down around $37.6k ! Please give that chart a like if you can. Now if we hold here and continue to bring the bulls back we will ride the trendline of the triangle back up into the red area. In the upper part of the triangle things could get wild and shook up. This is typically a bearish pattern but I am not predicting what will happen in there just yet. I have an upper target around $40-41k. As always, this is pure speculation of probabilities and not financial advice.

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