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Bitcoin breakout above 78,500 triggers the buy signal, as the bull flag is confirmed [Video]

Bitcoin breakout above 78,500 triggers the buy signal, as the bull flag is confirmed [Video]
Jason SenJason SenDayTradeIdeas.co.uk

Bitcoin breakout another bullish pattern after the five week consolidation was completed as predicted.

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The break above the upper descending trend line of the bull flag at $78,500 triggered the buy signal as expected.

Next targets are 86500/600, 88800 & eventually 92000.

BTCUSD

Author

Jason Sen

Jason Sen

DayTradeIdeas.co.uk

Jason Sen began his career in the options pits on the trading floor of LIFFE in 1987 at the age of 19, making markets on his own account. In 2001 when the trading floor closed he successfully made the transition to day trading on computer screens.

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