nagihatoum

BTC broke out of a 7 month triangle, target moon?

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BINANCE:BTCUSDT   Bitcoin / TetherUS
Unless something surprising happens, which it can, BTC is not dropping and has broken out of a triangle that started in June. The measured move of this triangle is 18k.

However this move will break another triangle started at 2018 ATH. The measured move of the ATH triangle break out is 27.8K.

There remains the possibility of a drop now, or later when the price meets the ATH triangle, Which will send the price to between 5.5k and 3.5K.

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