This is an update on a Mid term analysis of Bitcoin! As you can see In weekly Timeframe, BTC has formed a Symmetrical Triangle.Now The Price has managed to do a Bullish Break out and now The Price has the potential To reach 85k!(as much as the measured Price movement (AB=CD)). So In mid Term BTC might be able to Reach 57K!
Summery: -BTC is in a Symmetrical Triangle (weekly Time frame) -Bullish break out! -BTC has the potential to be at 85k!
PREVIOUS Analysis:
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Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
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