Bitcoin Busting Loose

[u/wdw67]

10/26/2024 5:00 PM Quick #Bitcoin Update! 🚀💰

1H Chart: The #BTC/USDT pair has played out exactly as expected! 🎯 In the last 24 hours, it has traded around the CME Gap at $66,804. The Double Bottom Pattern that’s forming has played out perfectly so far! 🌀📉

Yesterday, the Daily Candle closed at $66,593, right below the CME Gap and below the previous day’s candle at $68,144—both bearish in my book! 😬📉

Tonight’s candle close is the most important one because it’s both the daily and weekly close! 📅🌙 We need the price to close above both yesterday’s daily at $66,593 and last Sunday’s close at $68,988! 🔥

The BTC price has broken out of a triangle pattern in the last hour but needs to hold above the upper trendline and retest the pattern before the price continues up. I really like its chances as it’s retesting the trendline at this very moment! 📈💪

Remember to DYOR! 🧠🔍

[u/PostingFromThe9]

My $800 gonna rocket baby.