$BTC today‼️
The bullish target at $90,700 has been reached, resulting in a 30% profit if you used my trading ideas in your trading. This is not financial advice.
A false upward breakout of the supposed resistance line of a "bearish pennant" is a common occurrence on the Bitcoin price chart.
Typically, the formation of this trading pattern on the chart indicates a price decline.
The absence of negative news and the Bank of Japan's interest rate hold have given the bulls a short-term advantage.
We'll monitor price movement within the "bearish pennant" boundaries and the strength of the buyer if it breaks above $90,350.
If buyer strength weakens, the price is more likely to find a local bottom at $85,800.
Wishing everyone profits💰💪