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.