Bitcoin price action analysis
The price will remain in the symmetric triangle range as long as it is respecting its support and resistance levels. This is not an investment advise. These technical analysis are based on price action studies and for educational purpose only.
Feel free to comment below if you have any concern regarding charts and analysis. Your feedback is always welcome and helps me to improve. I like your post! I went to jail because of cryptos I would like to read a bit more about you and maybe do you have some more pictures? I also just wrote a introduce yourself. Maybe you upvote me and follow me swell as I do? We are seeing btc is following price action fully. We have seen Btc formed hammer or Doji in last week.
We will see bull run from next week also. We have stated that btc is about to break neck line of inverse head and shoulders. Now btc has already broke and went higher.
Now question is, Is it the time to take profit. No its just a start. We are seeing Bull flag now and which is also broken. Now compare this pictures. If we look at the four hour chart we can see bull flag and which is broken already. According to Inverse head and shoulder and Bull flag we are going easily to 12K.