$BTC has reclaimed the ascending triangle after a fakeout to

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TheJaFung

Bullish

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$BTC has reclaimed the ascending triangle after a fakeout to the downside, where it convincingly held the 4H 50EMA / 12H 21EMA as support. More importantly, BTC is now above the SMA9 on a fresh daily close, and the bull case remains for rest of this week, also driven by an expected market-wide rally due to NVDA's ridiculous earnings beat. The 4H Stoch RSI has curled up out of the oversold territory, and we should see a break of the ascending triangle before end of week, first there's a small resistance at ~$54K for a SR flip, and then onwards to the eventual target of ~$58K. #BTC #altcoins #Write2Earn #TrendingTopic #AltCoinSeason

$BTC has reclaimed the ascending triangle after a fakeout to the downside, where it convincingly held the 4H 50EMA / 12H 21EMA as support. More importantly, BTC is now above the SMA9 on a fresh daily close, and the bull case remains for rest of this week, also driven by an expected market-wide rally due to NVDA's ridiculous earnings beat. 
The 4H Stoch RSI has curled up out of the oversold territory, and we should see a break of the ascending triangle before end of week, first there's a small resistance at ~$54K for a SR flip, and then onwards to the eventual target of ~$58K.
#BTC  #altcoins  #Write2Earn  #TrendingTopic  #AltCoinSeason  