$BTC The Stage For Breakout Is In The Formation Phase 🚀🚀🚀
📈 So, guys here's BTC maintaining that perfect pattern after reaching 73K and post halving the formation is ending up at a bullish flag and pole pattern on the weekly time frame.
I mentioned yesterday about posting the weekly forecast of the mkt and after witnessing this volatility it'll keep moving inside this channel before the big move arrives. Now even if BTC goes down, it has the lower trendline to take support on. Not to panic if BTC comes down breaking 60K. Support is strong at 59K and 58K as well.
📉 Talking about my favourite indicators BTC is respecting the Bollinger Band and if goes down, the support will be extended by the middle band as well.
The RSI is just being maintained at a neutral level and going down a little further to 45 or even below is not a matter of concern.
📢 Remember guys, this is a weekly chart and we still have 2-3 weeks or even more to witness the breakout. Till then BTC will be volatile and keep moving within the channel. And one more time I'll say, get BTC if it goes below 60K. Anything under 60K is gold 🪙
Keep an eye on the weekly chart at least once a day. It gives a much better and clear idea for the longer term.
Also #DYOR!! before going for any trade. Keep learning, keep growing.
