馃搱 Daily TA: Bitcoin (BTC/USD) | 26-03-2021

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Hello, dear members of LeoFinance!

Today, I want to outline some very interesting technical patterns in the price chart of Bitcoin.

In the 4-hour time frame, BTC/USD has formed a sequence of Bullish Flags:
26.03.2021 HIVEUSD.jpg
Bullish Flag is a typical trend continuation pattern. That's why it is highly probable that BTC/USD will exit the current flag in the upward direction.

To be continued ...

As of the time of writing, one Bitcoin costs $54487,51 on the Bitstamp crypto exchange, according to TradingView.


A few words about me:

Just to let you know: I've been working professionally as a currency analyst for the last almost 15 years and as a cryptocurrency analyst for the last almost 4 years.


Important!

Keep in mind, that thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency/commodity trades, investments and etc.


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馃搱 Daily TA: Bitcoin (BTC/USD) | 26-03-2021 | Ecency