The King is back! Heading for the 200 MA on the daily and Beyond

So as you can see I have drawn what looks to me like a giant bull flag on Bitcoin Vs. USD, it looks close to breaking out and I personally will be aiming for the diagonal line coming down from the previous two tops and then re-evaluate. I think we see a lot of folks waiting for a pull back/ Short opportunity that doesn't come for a while and be stuck on the sidelines before they FOMO in at or above 10k.
Thanks for your time!
Let me know your thoughts as well!

评论:

Hi, I don't have it here but I was looking at the 100 ma as a possible turning point and that would be at around 8500 usd. That would give us a higher low from the previous low of 6700, but so would anywhere above that obviously I just like using the 100 ma in this example. Then we would get the golden cross for real, and signal the bull.