Bitcoins (BTC) Has Formed A Long-Term Bullish Structure


Hi friends, hope you are well and welcome to the new update on Bitcoin.

On a daily time frame, after breaking out a channel and a triangle, now BTC is testing the resistance of the triangle as support, which is at $21.9k. On a monthly time frame, Bitcoin is nicely forming higher lows and also testing the monthly 50 simple moving average support. Therefore, there is a high probability that BTC may start the next long-term move to the upside from here. For a detailed analysis, you can also watch the video.


 

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