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$BTC
+2.5% UP ✅
Setting my stop-loss to break even
It's finally time for those shorts to get liquidated.
Enjoy the pump while it lasts!
ENTRY: 71206
STOP-LOSS: 69763
TAKE PROFITS: 76490
Leverage: 45X
Bitcoin broke out of this triangle pattern that had been forming over the last few weeks.
The upper resistance was strong, has been retested multiple times.
I remain consistent with my initial analysis. The range is important here. If it breaks in any direction, a strong impulsive move will follow.
Furthermore, in the last few days, price had been ranging tightly on the altcoin charts.
This usually happens before a break to the upside.
Alts have bottomed out cleanly and will move alongside Bitcoin.