BTC should reach 85K In MidTerm

Hi every one
Bitcoin / U.S. Dollar


If we take a Look at BTC in Bigger timeframes Like weekly, we can see that Bitcoin has formed a Big Symmetrical Triangle which has not been Broken yet. thing are looking bullish as well which is Great! There is a strong support which sits between 40k to 44k! that should be enough for BTC to react to and than starts a bullish Movement from there! when the break out happens. the Expected movement is as much as the Measured price movement (AB=CD) If our Prediction works well, we shall see BTC at 85K! but please be ware this analysis Takes a Lot of time to Achieve Profits!

Summery:
-BTC has formed a Symmetrical Triangle in weekly Time frame
-strong support between 42k to 44k
-(AB=CD) so we shall see BTC at 85k!
-no break out,no confirmation


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Thank you for seeing idea .
Have a nice day and Good luck

Commento:

UPDATE