Bitcoinik

Bitcoin forming symmetric triangle

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Bitcoin is forming a symmetric triangle on the 4-hour chart. Bitcoin is now heading towards the resistance line of the triangle. The breakout of the triangle will start a new cycle for Bitcoin and we see a good pump. Also, $60,000 is a physiological resistance level and BTC needs to breaks and holds above it for the next rally. As long as Bitcoin is trading in the symmetric triangle we see a good moment in alts. The breakout time is coming so prepare yourself for moon rides of BTC.

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