syedmuneebali

Bullish Patterns all over BTC Chart!

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BITSTAMP:BTCUSD   Bitcoin
In the previous idea, I have shared with you guys the head and shoulders pattern which really worked and we successfully hit the price targets.


Now, after a bigger symmetrical triangle breakout, we have faced resistance at $69000 in BTC after which we have retraced to the previous strong resistance (which is now supported).

A small falling wedge pattern can also be seen. If this pattern breakouts out at around $64000, then we can see a new All-time high soon around $71000-73000.

Muneeb.

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