BTC/USD (New Short Term Strength)

💎Technical Analysis Summary💎

BTC/USD

-Bitcoin broke out of this bullish descending channel today
-As the price reached as high as 48800 dollars
-The previous 46k dollar resistance area did turn support
-If BTC can hold above 47k dollar, I think the chances to go up increases
-My short term upside target is up to 49.7k-50.4k dollars
-For now, everything is looking safe even the Altcoins are showing good signs again
-I am looking to add another position if I see confirmation in the coming days
-Good luck traders and stay safe

⚠️Please always read the description⚠️

Thanks for donating 💰 via Tradingview coins TheDeFiPool 🙏🎉

``````````````````````````````````````````````
If you need help🙋 don't hesitate to
Send me a message here PolarHusk😊
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Exercise Proper Risk Management 💱
``````````````````````````````````````````````