#Bitcoin chart looks bullish

in #btc3 years ago (edited)

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#Bitcoin: So we are again at $50,000+ and good part is that BTC is still ready for mega bull run. We also congrats our subscribers who trust on us and trade on bullish side as per our charts, shared time to time in 2021.😃

So How charts Look like now: BTC give long breakout at $53000 and trading near 5 month high at $54000. On Daily chart we can see perfect example of CUP and handle pattern in chart. BTC gave breakout at 53k and jump upto $55800. Now it retesting support at $53000.

This is very bullish pattern and help btc to test ATH near $64500. BTC have strong support at $48000. If btc hold price $53k by end of week than it will confirm bullish signal for bulls.

As said earlier Bitcoin ETF and Taproot will be a hot topic in coming months which will help to push btc price ^. At the same time market will also be tested by FUD news time to time.

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