BITCOIN BROKE OUT OF THE WEDGE !!!!!!!!
The Moon Show
Current Market Analysis
- Bitcoin is breaking out of a falling wedge pattern, but a daily close above the current level is needed for confirmation.
- The target for Bitcoin is $130,000 in the short term if the bull flag pattern is fulfilled.
Trading Plans
- A long position on Bitcoin is already open, with $1 million in profits.
- An Ethereum position will be opened if Ethereum breaks above the neckline of the head and shoulders pattern.
- 20-25 altcoin positions will be opened on Bybit, Coinflare, and Weeks if the Bitcoin breakout is confirmed.
Ethereum Analysis
- Ethereum is currently at a big support level, which has been in place since 2016.
- A massive pump is expected if Ethereum breaks above the current level.
- An Ethereum position will be held until the bull market ends, with profits likely to be taken around the top of the bull market.
Overall Outlook
- This year is expected to be massively bullish for crypto, with significant wealth creation opportunities.
- It is recommended to buy Bitcoin and Ethereum now, as the market is expected to change net worth forever.