Could This Be the Case for BTC?

21 thg 9, 2021

This is a chart of Bitcoin (BTC) on the weekly timeframe. Maybe a bit controversial but this potential triangle pattern shows the the current cycle taking longer to play out than many expect with a breakout in Q1/Q2 of 2022. The rough target of an upward break would be in the high 80K range. *Note more data is required to confirm this pattern and at this point this is speculation. However, should this pattern play out it could provide a great buying opportunity for long-term hodlers/investors.